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Infra stock jumps 3% after securing new order worth ₹219 Cr in GIFT City, Gujarat

Prominent infra company secured a ₹218.98 crore contract in GIFT City, Gujarat, for a commercial project involving RCC work, masonry, and plaster, with a 30-month completion timeline.
Infra stock surges 3% after winning ₹219 crore order for GIFT City, Gujarat project.
Infra stock surges 3% after winning ₹219 crore order for GIFT City, Gujarat project.

Introduction:

Leading infra company has secured a ₹218.98 crore contract for constructing a commercial building in GIFT City, Gujarat. The project includes RCC work, masonry, plaster, and more, with a completion timeline of 30 months.

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Also Read: Defence stock jumps after Min. of Defence signs contracts worth ₹6,900 Cr with the company and Tata for 307 indigenous artillery guns

Share price movement of Chavda Infra:

On March 27, 2025, Chavda Infra Limited opened at ₹143.00, up 2.77% from its previous close of ₹139.15. The stock reached a high of ₹148.00 (3.50%) and a low of ₹140.25. By 11:41 AM, it traded at ₹140.30, a 0.83% increase, with a market cap of ₹345.92 crore.

Chavda Infra Wins ₹218.98 Cr Order:

Chavda Infra Limited has secured a ₹218.98 crore contract for constructing a commercial building, The Identity, in GIFT City, Gujarat. The project includes RCC work, masonry, plaster, and other construction tasks over 30 months.

With this latest contract, Chavda Infra’s total orders in the current financial year have reached ₹508.29 crore. The company’s total order book now stands at ₹1,305.78 crore, with an unexecuted order backlog of ₹767.47 crore.

This new project reinforces Chavda Infra’s growing presence in Gujarat’s commercial infrastructure sector. The company continues to expand its portfolio by undertaking large-scale construction projects, strengthening its market position in the Indian real estate industry.

Stock performance of Chavda Infra for Period of 1 week, 6 months, and 1 year:

Chavda Infra Limited delivered a 1.24% return over the past week, while it declined by 25.9% in the past six months. The stock gained 38.5% over the past year.

Also Read: Tata group stock falls over 6% after Trump imposed 25% tariffs on auto imports to US

Shareholding pattern of Chavda Infra:

ParticularsSep 2024Mar 2024
Promoter73%73%
FII0.90%1.00%
DII0%0%
Public26%26%
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About Chavda Infra:

Chavda Infra Ltd (NSE: CHAVDA) is a Gujarat-based construction company, providing residential, commercial, and institutional project services. Part of the Chavda Group, it operates in Ahmedabad, Gandhinagar, and Rajkot through its infrastructure, RMC, and development divisions.

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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