Synopsis: Raunaq International Limited has secured two orders worth a combined Rs. 18.10 crore from Ambuja Cements Limited for the supply, erection, testing, and commissioning of raw water pipelines and associated equipment in Maharashtra. The projects are scheduled to be completed within 10 months, strengthening the company’s engineering order book.
Shares of Raunaq International Limited are likely to remain in focus after the company announced that it has received two Letters of Award (LoAs) from Ambuja Cements Limited with an aggregate value of Rs. 18.10 crore (excluding taxes) for executing raw water pipeline projects in Maharashtra.
Raunaq International Limited has a total market capitalization of approximately Rs. 9.39 crore. The company’s shares were trading at Rs. 28.09 apiece on the stock exchange, up by 4.97 percent. The stock has gained 10.16percent over the last five trading sessions, while it has declined 8.47 percent over the last month. The stock touched a 52-week high of Rs. 98.80 and a 52-week low of Rs. 24.72.
According to the company’s exchange filing, the first order, valued at Rs. 10.85 crore, involves the supply, erection, testing, and commissioning of a raw water pipeline and associated equipment for Ambuja Cements’ Maratha project at Uparwahi, Taluka Korpana, Chandrapur, Maharashtra. The second order, worth Rs. 7.25 crore, covers the erection, testing, and commissioning of the raw water pipeline and associated equipment at the same project site. Both contracts are scheduled to be executed within 10 months from the effective date and have been awarded by a domestic entity. The company also clarified that the contracts do not involve any promoter interest or related-party transactions.
The latest order strengthens Raunaq International’s engineering contracting business and reinforces its capabilities in executing industrial utility infrastructure projects. Raw water pipeline systems play a critical role in cement manufacturing by ensuring a reliable supply of water for production processes, cooling systems, dust suppression, and other plant operations. Efficient water infrastructure is increasingly becoming an essential component of large industrial facilities as companies focus on operational efficiency and sustainable water management.
The order also reflects continued capital expenditure by India’s cement industry, driven by rising demand from housing, commercial construction, roads, railways, and infrastructure development. With cement manufacturers expanding production capacities and investing in modern plants, demand for engineering, procurement, and construction (EPC) services for utility infrastructure, including water pipelines, is expected to remain healthy.
For investors, the Rs. 18.10 crore order enhances Raunaq International’s order book and provides additional revenue visibility over the coming months. Continued project wins from leading industrial clients could strengthen the company’s execution track record, improve capacity utilization, and support long-term business growth.
Incorporated in 1965, Raunaq International Limited is engaged in engineering contracting and trading activities. The company executes engineering, procurement, and construction (EPC) projects across industrial infrastructure, utilities, material handling, pipelines, and other engineering segments while also undertaking trading operations.
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. Trade Brains Technologies Private Limited or the author are not liable for any losses arising from decisions based on this article. Please consult your investment advisor before investing.
