Introduction:
Infra stock secures a ₹1029.27 million contract for significant railway enhancements. This includes constructing essential bridges along the Ajmer-Chanderiya route, reinforcing its expertise in large-scale infrastructure projects aimed at improving regional connectivity.
Share Price movement of Vishnu Praksh R Punglia:
On December 9, 2024, Vishnu Prakash R Punglia Ltd (BSE : VPRPL) experienced a notable increase in its share price. It opened at ₹311.80, soared to an intraday high of ₹336.75, and closed significantly higher at ₹333.30. This marks a 9.4% rise from the previous closing of ₹306.55, enhancing its market cap to ₹4154.38 crores.
Vishnu Praksh R Punglia share price rise:
Vishnu Prakash R Punglia Limited (VPRPL) has been awarded a significant railway construction project by the North Western Railway’s Ajmer Division. The contract involves building major and important bridges, along with other related construction works, between Adarsh Nagar and Raila Road as part of the Ajmer-Chanderiya line doubling effort.
This project, valued at approximately ₹1029.27 million, marks VPRPL’s continued collaboration with the railway sector, reinforcing its reputation in infrastructure development. The company was selected after a competitive tender process, reflecting its capability in handling large-scale engineering projects.
VPRPL looks forward to working closely with the Ajmer division and various stakeholders to ensure the successful and timely completion of the project, contributing to the enhancement of regional rail infrastructure and connectivity.
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Recent news About Vishnu Praksh R Punglia:
On October 11, 2024, Vishnu Prakash R Punglia Ltd.’s shares climbed 4.75% to an intraday high of ₹283.25 after announcing a new ₹160.8 crore contract, highlighting continued business growth and market confidence in their operational capabilities.
Stock performance of Vishnu Praksh R Punglia for Period of 1 week, 6 months and 1 year:
Over the past week, Vishnu Prakash R Punglia Ltd’s stock increased by 3.13%. Looking back six months, the company’s stock saw a significant rise of 60.4%. On a yearly basis, the stock demonstrated a robust performance with a 50.8% return, showcasing strong growth over extended periods.
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Shareholding pattern of Vishnu Praksh R Punglia:
| All values in % | Sep-24 | Jun-24 | Mar-24 |
| Promoters | 67.81 | 67.81 | 67.81 |
| FII | 0.1 | 1.08 | 1.11 |
| DII | 4.1 | 4.1 | 4.16 |
| Retail & others | 27.99 | 27 | 26.9 |
About Vishnu Praksh R Punglia:
Vishnu Prakash R Punglia Ltd. specializes in infrastructure projects, particularly in railway construction. The company focuses on large-scale engineering projects such as building bridges and ancillary works, significantly contributing to India’s transport infrastructure development and modernization.
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.
