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Garuda Construction: Stock jumps 11% after receiving ₹144 Cr redevelopment order  at Oshiwara, Mumbai

Garuda Construction and Engineering Ltd received a Rs. 143.96 crore order for civil works of Shikhar-B redevelopment project, raising its total order book to Rs. 3,229.78 crore.

Introduction

Leading construction and engineering firm secures Rs. 143.96 crore order for civil works of Shikhar-B redevelopment project in Oshiwara, Mumbai, boosting its total order book to over Rs. 3,229 crore.

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Share price movement of Garuda Construction

On October 9, 2025, Garuda Construction and Engineering Ltd opened at ₹192.95, up 2.57% from its previous close of ₹188.05. The stock reached a high of ₹209.30 (11.27%) and a low of ₹192.00. By 12:22 PM, it traded at ₹201.70, a 7.26% increase, with a market cap of ₹1,876.65 crore.

Garuda Construction Bags Rs. 144 Crore Shikhar-B Order

Garuda Construction and Engineering Ltd received a work order worth Rs. 143.96 crore from Orbit Ventures Developers for the civil works of the redevelopment project “Shikhar-B” at Oshiwara, Mumbai.

The project falls under an EPC agreement with a 36-month execution timeline. The order adds to the company’s total order book of approximately Rs. 3,229.78 crore as of date.

Stock performance of Garuda Construction for Period of 1 week, 1 month, and 6 months

Garuda Construction and Engineering Ltd delivered a -0.77% return over the past week, declined 10.9% over the past month, and gained 82.3% over the past six months.

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Shareholding pattern of Garuda Construction

ParticularsJun 2025Mar 2025Dec 2024
Promoter67.60%67.60%67.60%
FII4.50%4.50%6.70%
DII0.70%0.90%1.50%
Public27%27%24%

About Garuda Construction

Garuda Construction and Engineering Ltd (NSE: GARUDA), founded in 2010, provides end-to-end civil construction services for residential, commercial, infrastructure, and industrial projects, including MEP, O&M, and finishing works across India.

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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.

FAQs

Q: Why is Garuda Construction and Engineering Ltd share price going up today?

A: Garuda Construction and Engineering Ltd share price rose after receiving a Rs. 143.96 crore work order for Shikhar-B redevelopment project.

Q: What does Garuda Construction and Engineering Ltd specialize in?

A: Garuda Construction and Engineering Ltd specializes in civil construction, project planning, MEP, O&M, and execution of residential, commercial, and infrastructure projects.

Q: What is the 52-week high and low of Garuda Construction and Engineering Ltd stock?

A: Garuda Construction and Engineering Ltd stock has a 52-week high of ₹229.90 and a 52-week low of ₹76.02.

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