Niraj Cement shares gain after bagging ₹80.12 Cr PWD bridge project in OdishaNiraj Cement shares gain after bagging ₹80.12 Cr PWD bridge project in Odisha

Introduction

Leading infrastructure company received ₹80.12 crore work order from the Ministry of Road Transport and Highways for vehicular underpass construction project in Sindhudurg district, Maharashtra.

Share price movement of Niraj Cement

On March 9, 2026, Niraj Cement Structurals Ltd opened at ₹27.75, down 3.44% from its previous close of ₹28.74. The stock reached a high of ₹29.15 (1.43%) and a low of ₹27.75. By 11:11 AM, it traded at ₹28.63, a 0.38% decrease, with a market cap of ₹170.90 crore.

Niraj Cement Wins ₹80.12 Cr MoRTH Order

Niraj Cement Structurals Limited received a work order worth ₹80.12 crore including GST from Ministry of Road Transport and Highways. The disclosure came under SEBI Regulation 30 filing.

The project covers construction of vehicular underpasses at Khamdeo Naka in Village Insuli and Zarap Sawantwadi Junction in Sindhudurg district, Maharashtra. The contract follows the EPC execution mode.

The order comes from a domestic entity. The company will execute the project within 12 months. The total contract value stands at ₹80.12 crore, including GST, according to the filing.

Stock performance of Niraj Cement for period of 1 week, 6 months, and 1 year

Niraj Cement Structurals Ltd declined 0.80% over the past week. The stock fell 39.8% in the past 6 months and dropped 44.6% over the past 1 year.

Shareholding pattern of Niraj Cement

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	24.90%	24.90%	24.90%
FII	0.10%	0.00%	0.00%
DII	0.00%	0.60%	0.60%
Public	75.00%	74.50%	74.50%

About Niraj Cement

Niraj Cement Structurals Limited (NSE: NIRAJ) is an infrastructure company. It provides engineering construction services across highways, bridges, irrigation, tunnels, drainage systems, water supply projects, and other infrastructure works.

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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.

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