Infra stock jumps after it receives order worth ₹11 Cr from Bhavnagar Municipal CorporationInfra stock jumps after it receives order worth ₹11 Cr from Bhavnagar Municipal Corporation

Introduction:

Leading Infra company has secured a ₹11.27 crore work order from Bhavnagar Municipal Corporation for constructing a four-lane PQC road. The project aims to enhance urban connectivity and is scheduled for completion within ten months in Bhavnagar, Gujarat.

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Share price movement of B.R.Goyal Infrastructure:

On March 10, 2025, B.R.Goyal Infrastructure Ltd opened at ₹122.20, up 1.03% from its previous close of ₹120.95. The stock reached a high of ₹127.70 (5.58%) and a low of ₹121.50. By 12:40 PM, it traded at ₹121.50, a 0.45% increase, with a market cap of ₹289.47 crore.

B.R. Goyal Infrastructure Secures ₹11.27 Crore Road Construction Contract:

B.R. Goyal Infrastructure Limited has received a work order worth ₹11.27 crore from Bhavnagar Municipal Corporation. The project involves constructing a four-lane PQC road from Akwada Ward to Ruva Ravechidham Ring Road in Bhavnagar, Gujarat, within ten months.

The contract, awarded through a domestic tender process, signifies the company’s growing presence in infrastructure development. The road construction aims to enhance connectivity and support urban expansion. With advanced engineering and execution expertise, the company is expected to deliver quality work within the stipulated timeframe.

This order adds to B.R. Goyal Infrastructure’s robust portfolio, reinforcing its credibility in the industry. The company continues to expand its footprint in municipal projects, aligning with India’s infrastructure growth plans. The work is scheduled for timely execution per project specifications.

Recent news on B.R.Goyal Infrastructure:

As of February 08, 2025, B.R.Goyal Infrastructure Ltd surged 2.49% to ₹123.50 after securing a ₹70.75 crore work order from NHAI for toll fee collection at Newadakanthi plaza on National Highway 91, covering a key Uttar Pradesh section.

Stock performance of B.R.Goyal Infrastructure for Period of 1 week and 1 month:

B.R.Goyal Infrastructure Ltd’s stock surged 12.9% in the past week and gained 3.73% over the past month, reflecting strong momentum. The positive trend highlights growing investor confidence and sustained upward movement in the company’s share price.

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Shareholding pattern of B.R.Goyal Infrastructure:

Particulars	Jan 2025
Promoter	73%
FII	3.70%
DII	8.80%
Public	14.50%

About B.R.Goyal Infrastructure:

B.R.Goyal Infrastructure Ltd (BSE: 544335) specializes in infrastructure projects, including roads, bridges, and buildings. It provides EPC services, RMC manufacturing, toll collection, residential development, and operates a 1.25 MW windmill in Rajasthan.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.