The shares of an Infrastructure Development company engaged in major infrastructure projects like water supply systems, railway lines,and roads are in focus after securing a contract from Bharat Heavy Electricals Ltd with a contract value of Rs 247.5 Crores.
Share Price Movement
The shares of Vishnu Prakash R Punglia Ltd (VPRPL), with a market capitalization of Rs 2,707 Crores, as of Thursday noon, were trading flatter around Rs 217 per share which was around 1.4% lower than the previous close of Rs 220. The shares generated a return of 31.5% in 3 years.
Order Details
As per a press release dated February 5th 2025, VPRPL announced the receipt of a Letter of Award from BHEL.
Vishnu Prakash R Punglia Limited has received a Letter of Award from Bharat Heavy Electricals Limited for a major civil and structural project at NTPC’s 800 MW Sipat project.
The project includes a wide range of works, such as foundations for various power plant components, construction of facilities like control rooms and worker accommodations, and installation of infrastructure like sewage lines and solar system foundations.
The work will span across multiple areas within the power block area.
The company stated in the press release “Following the submission of the tender Vishnu Prakash R Punglia Limited has been selected as the chosen contractor for this significant endeavor. The total contract value stood at Rs 247.5 Crores”
Financials
The company reported a decline of 78% in Net Profits from Rs 17.4 Crores in Q3FY24 to Rs 3.86 Crores in Q3FY25. Its Revenue from Operations showed a flatter trend from Rs 242.05 Crores to Rs 240.93 Crores over the same period.
Previous Order Details
As per a press release dated January 23rd, 2025, VPRPL received Letter of Acceptance from the Office of Executive Engineer Jaipur Development Authority. The project includes Engineering, Procuring, Construction, Commissioning (EPC) and performance run followed by O&M of sewerage Treatment plant of 30 MLD capacity at Swarn Vihar, Sanganer of Jaipur City. The total contract value stood at Rs 51.4 Crores.
About Vishnu Prakash R Punglia Ltd
VPRPL is an integrated infrastructure development company engaged in executing major infrastructure projects for Central and State Governments, Local Bodies, Public Sector Companies, World Bank Projects, and Private Bodies across more than 12 States & Union territories in India. The business operations comprises Water Supply Projects, Railway Projects, Road Projects and Irrigation Network Projects.
Written By Adhvaitha Nayani
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
