Pursuant to Regulation 30 of SEBI (LODR Regulations) 2015 and applicable rules thereunder, Intimation regarding the Press Release titled " JD Cables wins Landmark EPC Infrastructure Contract ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
JD Cables Ltd has been awarded a significant EPC infrastructure work order worth ₹243.99 crore (inclusive of GST) by Kaushal Engineering Limited. The contract covers balance civil and electrical works on a National Highway Development Project in Jharkhand, including the Chauparan Flyover, Barkatha Flyover, a Road Over Bridge, and electrical works for the six-laning of the Bihar–Jharkhand Border section of NH-2 under NHDP Phase V. The project is to be completed within one year from agreement execution. Management has highlighted that the order significantly strengthens the company's order book, improves revenue visibility, and reinforces its execution capabilities in large-scale highway infrastructure. This marks a meaningful expansion beyond the company's traditional wires and cables manufacturing business into full-scale EPC infrastructure.
Positive for shareholders — a landmark order of this size materially boosts the order book and provides strong one-year revenue visibility, while signaling JD Cables' strategic entry into large-scale EPC projects. The stock may see a positive reaction given the order's size relative to the company's existing cable manufacturing business, though execution risk on a first major EPC project remains a watchpoint.