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HomeStocksBig Boost for Brahmaputra Infra: Recent Orders Nearly Half the Company's Size

Big Boost for Brahmaputra Infra: Recent Orders Nearly Half the Company’s Size

Brahmaputra Infra Ltd has secured substantial new contracts from the Chief Engineer Water Resource Department, Assam Water Centre. These contracts are for riverbank protection works in Assam and total a staggering Rs 108.71 crores. To put this figure in perspective, it represents nearly 43% of the company’s current market capitalization of Rs 250 crores.

Delving deeper into the details, the first contract encompasses procurement of works for Palashbari-Gumi Riverbank Protection Works across three packages with a combined value of Rs 69.96 crores. The second contract involves procurement of works for Dibrugarh Riverbank Protection Work in Dibrugarh district, valued at Rs 38.75 crores

These substantial orders come at an opportune time for Brahmaputra Infra Ltd, bolstering their already healthy order book of approximately Rs 1125 crores. This strong pipeline of projects signifies a promising future for the company.

Brahmaputra Infra Ltd: An Emerging Player in Infrastructure

Established in 1998, Brahmaputra Infra Ltd has carved a niche for itself in the Indian infrastructure sector, specializing in EPC (Engineering, Procurement, and Construction) services. With a strong presence across the country, particularly in North India and the North East, the company has built a reputation for delivering excellence in various segments like roads, bridges, tunnels, buildings, and other miscellaneous works.

Currently, The company is actively engaged in diverse EPC projects, including healthcare infrastructure, railway line construction, river bank protection, and highway maintenance. Some notable projects include the construction of medical facilities in Assam and Rajasthan, railway infrastructure development in Mizoram, and highway maintenance in Assam and Rajasthan.

A Diversified Portfolio

In addition to its core EPC business, Brahmaputra Infra Ltd has ventured into the real estate sector, successfully executing housing and commercial projects. One of their flagship ventures is the Brahmaputra Industrial Park, which plays a vital role in the development of industrial infrastructure in the region. The company also owns and operates City Centre, the largest shopping mall in Northeast India, offering retail, F&B, and entertainment facilities. City Centre boasts renowned brands, a multiplex leased to PVR, and anchor stores like Shoppers Stop.

Conclusion

Brahmaputra Infra Ltd’s recent contract wins, valued at nearly Rs 108.71 crores, represent a significant development for the company. These sizable orders equate to almost 43% of their current market capitalization, highlighting the substantial impact on their business. With a healthy order book and a diversified business model, Brahmaputra Infra Ltd appears well-positioned for continued growth and success in the years to come

Shares of the company are trading at price of Rs 86.25, up 2.92% from its yesterday’s closing price of Rs 83.80. The shares have delivered 35.81% returns for the year till date and 168.80% returns in past 1 year.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. The information is based on various secondary sources on the internet and is subject to change. Please consult with a financial expert before making investment decisions.
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