{"id":143219,"date":"2025-01-22T14:31:05","date_gmt":"2025-01-22T09:01:05","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=143219"},"modified":"2025-01-22T17:50:01","modified_gmt":"2025-01-22T12:20:01","slug":"stock-hits-5-upper-circuit-after-it-is-selected-as-a-vendor-for-highway-and-railway-projects","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-hits-5-upper-circuit-after-it-is-selected-as-a-vendor-for-highway-and-railway-projects\/","title":{"rendered":"Stock hits 5% upper circuit after it is selected as a vendor for highway and railway projects"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1551150403\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of this project management consultancy firm specializing in the infrastructure field have hit an upper circuit of 5 percent following the announcement that the company has been selected as the Class A Vendor\/Consultant.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-852551792\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h2 class=\"wp-block-heading\"><strong>Price Action<\/strong><\/h2><p>With a market capitalization of Rs. 246.62 crores, <a href=\"https:\/\/portal.tradebrains.in\/stocks\/DHRUV\"><strong>Dhruv Consultancy Services Limite<\/strong>d<\/a> jumped 5 percent to an upper circuit of Rs 130.03 on Wednesday, compared to the previous closing price of Rs. 123.84.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened<\/strong><\/h2><p>The company is officially recognized by Indian Port Rail and Ropeway Corporation Limited (IPRCL) as a Class A Vendor\/Consultant according to the company reports on January 21, 2025, this approval is applicable to a number of highway and railway projects.<\/p><p>The company has a 24-month contract that expires on January 31, 2027, for both highway and railway projects. Dhruv Consultancy will be awarded projects on a fixed fee basis based on the rotation of consultants.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-3287960602\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The cost of creating a feasibility study report that evaluates the project&#8217;s viability is known as the FSR Fee. The cost of creating a detailed project report that includes all operational, financial, and technical information necessary for project implementation is known as the DPR Fee.<\/p><p>For Highway projects valued up to Rs 150 crores, the FSR is 0.25 percent and DPR is 0.50 percent. For Rs. 150 crores to Rs. 500 crores, FSR is 0.24 percent and DPR is 0.48 percent. More than Rs. 500 crores, FSR is 0.23 percent and DPR is 0.46 percent.&nbsp;<\/p><p>For Railway projects valued up to Rs 150 crores, the FSR is 0.20 percent and DPR is 0.40 percent. For Rs. 150 crores to Rs. 500 crores, FSR is 0.24 percent and DPR is 0.48 percent. More than Rs. 500 crores, FSR is 0.23 percent and DPR is 0.46 percent.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the Company<\/strong><\/h2><p>Dhruv Consultancy Ltd specializes in highway design, DPR, project management, quality control, and authority engineering for Bridges, Highways, Architecture, Tunnels, Environment, and Ports. The company has a presence in 23 states in the country including Manipur, Gujarat, Kerala, and Himachal Pradesh.&nbsp;<\/p><p>The company&#8217;s total order book stands at Rs 666.9 crore with Rs 301.3 crore of unexecuted orders as of Q2FY25. The company has collaborated with NHAI, MoRTH, State, and the Central government on over 170 projects.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Shwetha Sairam<\/strong><\/p><\/blockquote><p class=\"has-medium-font-size\"><strong>Disclaimer<\/strong><\/p><div class=\"trade-content-10\" id=\"trade-2085011771\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> 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<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-3519842850\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of this project management consultancy firm specializing in the infrastructure field have hit an upper circuit of 5 percent following the announcement that the company has been selected as the Class A Vendor\/Consultant. Price Action With a market capitalization of Rs. 246.62 crores, Dhruv Consultancy Services Limited jumped 5 percent to an upper [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":125221,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[4865,31,13525],"tags":[],"class_list":["post-143219","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stock hits 5% upper circuit after it is selected as a vendor for highway and railway projects<\/title>\n<meta name=\"description\" content=\"The shares of this project management consultancy firm specializing in the infrastructure 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