RKEC Projects Limited has informed the Exchange about Bagging/Receiving of orders/contracts
RKEC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
RKEC Projects Limited has been awarded a work order by the National Highways Authority of India (NHAI) valued at Rs. 40.50 Crore. The project involves balance work for a new bridge on the Gandak river, including approaches and rehabilitation of the existing Gandak Bridge and Mahi Bridge on the Chappara-Hajipur section of NH-19 in Bihar. The work will be carried out on EPC (Engineering, Procurement, Construction) mode. The company clarified that this order is in the ordinary course of its business. NHAI is a central government body under the Ministry of Road Transport and Highways, making this a government-backed infrastructure order.
The order strengthens RKEC's order book with a government-backed infrastructure project, offering revenue visibility. The size is modest, so the stock impact may be limited unless it significantly boosts the company's order pipeline. Execution timeline and margin on EPC work will be key for shareholders to track.