RKEC Projects Limited has informed the Exchange regarding 'Work Order'.
RKEC · price
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Awaiting price reaction for this filing.
RKEC Projects Limited has received a Letter of Intent from Hindustan Shipyard Limited (HSL), a government-owned shipyard under the Ministry of Defence. The contract is for refurbishment and upgradation of outfitting jetty, crane track, and related services at HSL. The total contract value is Rs. 86.86 crore (inclusive of GST). The order strengthens the company's order book in the infrastructure and defence-adjacent segment.
This is a meaningful new order from a prestigious defence-sector PSU client, likely to boost revenue visibility and improve investor confidence. The stock may see positive short-term sentiment given the size of the contract.