The shares of an Indian Construction company involved in manufacturing and installing a diverse range of aluminum products in construction projects are in Focus after the company bags orders worth Rs 43.03 Crs
The shares of Aluwind Infra-Tech Ltd, with a market capitalization of Rs.151.57 crores on Friday. Its shares are trading at a CMP of Rs 61.00, against the previous closing price of Rs 58.00. The stock had surged up by 5.6 percent intraday.
The News:
Aluwind Infra-Tech Ltd has announced a significant milestone by securing its highest-value façade order to date from Vascon Engineers Limited. Under this domestic contract, Aluwind will design, supply, fabricate, and erect façade works for the Capgemini Spigot Project in Siruseri, Chennai.
The total contract value is RS 43.03 crore (excluding GST), and the project is scheduled to begin immediately, with completion targeted within 18 months from the issuance of the Letter of Intent (LOI).
The company had also recently during May 21 announced that it acquired Aluwind Infra-Tech Limited has acquired a 60 percent stake in its newly incorporated subsidiary, Aluwind Clean Tech Private Limited, Aluwind Clean Tech operates in the facade and fenestration industry, focusing on professional window cleaning, facade maintenance, and exterior upkeep services for residential, commercial, and industrial properties. The subsidiary will provide services like cleaning, restoration, pressure washing, and drone-assisted facade maintenance under annual maintenance contracts.
Aluwind Infra-Tech Ltd, formerly known as Aluwind Architectural Limited, is an Indian company specializing in the facade and fenestration industry. The company offers integrated solutions, including design, supply, fabrication, and erection of facade works for commercial, industrial, and institutional buildings. With a focus on high-quality architectural exteriors, Aluwind caters to a wide range of projects, providing services such as facade installation and maintenance. Headquartered in Mumbai, the company aims to enhance building aesthetics and functionality through innovative facade technology and services.
The company’s Revenues had grown by close to 10 percent from Rs 41.36 crores in H1FY24 to Rs 45.46 crores in H1FY25, and the Net profits of the company had declined by 39.41 percent from Rs 3.73 crores in H1FY24 to Rs 2.26 crores in H1FY25
Written by Likesh babu S
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