Introduction:
Leading contractor in the energy sector has secured a major contract from Bharat Heavy Electricals Ltd for a ₹2475.5 million project at NTPC Sipat. The project involves extensive civil, structural, and architectural works aimed at enhancing India’s power infrastructure.
Also Read: Ambani stock jumps 8% after reporting 103.7% YoY increase in net profits
Share price movement of Vishnu Prakash R Punglia:
On February 6, 2025, Vishnu Prakash R Punglia Ltd opened at ₹224.75, up 2.02% from its previous close of ₹220.25. The stock reached a high of ₹225.85 (2.54%) and a low of ₹214.95. By 10:50 AM, it traded at ₹216.50, a 1.70% decrease, with a market cap of ₹2,698.54 crore.
Vishnu Prakash R Punglia Ltd Secures Major Contract from BHEL:
Vishnu Prakash R Punglia Ltd (VPRPL) has received a Letter of Award from Bharat Heavy Electricals Ltd (BHEL) for a significant project at NTPC Sipat. The contract, valued at ₹2475.5 million, includes civil, structural, and architectural works in the power block area.
The scope of work encompasses several critical components, including foundations, ventilation, sewage lines, rooftop solar system foundation, and more within the power block area. The contract also involves civil works for various systems like LP piping, fire fighting, and cable racks.
This achievement solidifies VPRPL’s position as a leading contractor in the energy sector. The company looks forward to collaborating with BHEL and other stakeholders to successfully execute this project and contribute to the growth of India’s power infrastructure.
Recent news on Vishnu Prakash R Punglia:
As of January 23, 2025, Vishnu Prakash R Punglia Ltd announced its joint venture with RBIPL and Jaipur Development Authority has secured a contract to construct a 30 MLD sewerage treatment plant at Swarn Vihar, Jaipur, reinforcing its position in infrastructure development.
Stock performance of Vishnu Prakash R Punglia for Period of 1 week, 6 months and 1 year:
Vishnu Prakash R Punglia Ltd has seen a decline of 9.45% over the past week and 21% over six months. However, the company experienced a modest drop of 1.30% over the past year, reflecting short-term challenges amid longer-term stability.
Also Read: Transformer stock jumps 4% after receiving order to supply power transformers to Jakson Limited
Shareholding pattern of Vishnu Prakash R Punglia:
All values in % | Dec 2024 | Sep 2024 | Jun 2024 |
Promoter | 67.80% | 67.80% | 67.80% |
FII | 0.90% | 0.10% | 1.10% |
DII | 4.40% | 4.10% | 4% |
Public | 26.90% | 28.00% | 27.00% |
About Vishnu Prakash R Punglia:
Vishnu Prakash R Punglia Ltd (NSE: VPRPL), established in 1986, is a rapidly growing infrastructure development company. It specializes in designing and constructing infrastructure projects for various government and private entities across 9 states and 1 union territory in India.
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.