This Construction stock is in focus after it has given 1,170 percent returns in just 5 months However, the key concern is that the stock is mostly owned by retail shareholders with 96.43 percent shareholding and promoters only holding 3.57 percent of the company.
The company has a parent company called GHV India, which gives Interparty orders to GHV Infra, which could cause some concerns of financial transparency or other manipulations. However, no such issue has been found. The company generally receives orders in the transportation, Energy & Environment, Social & Commercial, and Industrial Sectors.
The Stock of GHV Infra Projects has risen by over 1,170 percent. On 25th October 2024, the share price stood at Rs. 22.87 per share and is currently trading at Rs. 290.85.
Recent Orders from its own Parent GHV India
In the Month of March alone, the company has received orders worth Rs. 1,700 Crores from its own Parent, GHV India, for projects like highway construction, setting up of solar power projects, and other orders in Engineering, Procurement, and Construction (EPC) mode.
Details of Order received in March are
On 25th March, GHV Infrastructure received an order from GHV India for the Engineering, Procurement, and Construction (EPC) Project of Elevated Roads & Bridges. Where they will be designing, engineering, Procureing and constructing the elevated viaducts, road on slit mangroves and obligatory span bridges in the state of Maharashtra. The approximate value of work is Rs. 1,060 Crores ( Excluding the GST). Time period for completion is 48 months.
On 24th March, GHV Infrastructure received an order from GHV India for the Engineering, Procurement, and Construction (EPC) Execution of the Fuel Gas Desulfurization (FGD) system of the 500 MW power plant. The order value is Rs. 191 Crore, and the completion period is 15 months.
Additionally, On 13th March and 5th March, the company also received orders worth Rs. 86.54 Crores and Rs. 363 Crores from GHV India for highway construction and setting up solar power projects, respectively.
Also read: IT stock under ₹50 jumps 5% after promoter increases stake in the company
Investors should have Caution
Investors of the share should take caution, as most of the shares are held with Retail Investors about 96.43 percent and the promoters only holding 3.57 percent. Potential volatility could be there in the stock as it has shown a significant rally of over 1,170 percent in just 5 months.
About the Company
Headquartered in Mumbai, Maharashtra, GHV Infra Projects Limited is an Indian infrastructure development company specializing in Engineering, Procurement, and Construction (EPC) services across sectors like highways, railways, buildings, water, and irrigation. Originally incorporated as Sindu Valley Technologies Limited in 1976, the company rebranded to its current name in December 2024.
Written By Abhishek Das
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