During Tuesday’s trading session, the price of an Engineering – Turnkey Services, specializing in the business of electrical and EPC contracts, is in focus after the company secures a contract from Reliance Industries Limited.
With a market capitalization of Rs. 126.31 crores on Tuesday, the shares of Konstelec Engineers Ltd are trading at Rs. 82. The share has given 16.81 percent returns in the month.
What’s the News
Konstelec Engineers Ltd has been awarded a new Work order worth Rs. 4.88 Crores (Basic Price) from Reliance Industries Limited, Jamnagar, Gujarat. As per the Work Order copy and proposed contract agreement between Reliance Industries Limited and the Company, the order is for the Execution of works related to Electrical, Installation of equipment, Testing, Commissioning, etc. The work is scheduled to be completed by 10.11.2025.
Financials
Its revenue from operations decreased by 9.6 percent from Rs. 93 Crores in HYFY24 to Rs. 84 Crores in HYFY25, whereas the net profits of the company remained the same in the period, standing at Rs.3 crores.
Konstelec Engineers Ltd is in the business of electrical and EPC contracts. The company executes contracts for installing, testing, commissioning, and maintaining electrical and electromechanical equipment for industries such as oil, gas, refineries, space, petrochemicals, chemicals, cement, and textiles. It is an integrated EPC company for Electrical, Instrumentation, and Automation systems, which provides full-scale project management, procurement support, and detailed engineering services for electrical infrastructure projects.
Written By Likesh Babu S
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