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NILA Infrastructures: Stock jumps 7% after receiving new order from Ahmedabad Municipal Corporation

Nila Infrastructures received a Letter of Intent from Ahmedabad Municipal Corporation for slum rehabilitation at "Kajimiya ni Chati," involving 728 housing units and 25 commercial shops.

Introduction

Leading infrastructure firm secures a significant slum rehabilitation project from Ahmedabad Municipal Corporation, involving construction of 728 housing units and 25 commercial shops at Kajimiya ni Chati, with a total development cost of Rs 105.02 crore.

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Share price movement of Nila Infrastructures

On October 8, 2025, Nila Infrastructures Ltd opened at ₹10.22, up 1.49% from its previous close of ₹10.07. The stock reached a high of ₹10.89 and a low of ₹10.21. By 10:14 AM, it traded at ₹10.75, a 6.75% increase, with a market cap of ₹423.43 crore.

Nila Infrastructures Wins AMC Slum Project Order

Nila Infrastructures Limited received a Letter of Intent from Ahmedabad Municipal Corporation on October 7, 2025. The order is for slum rehabilitation work of “Kajimiya ni Chati” in Ahmedabad.

The project includes constructing 728 housing units and 25 commercial shops. The total development cost is Rs 105.02 crore. The company will receive transferable development rights of Rs 56.51 crore.

Stock performance of Nila Infrastructures for Period of 1 week, 6 months, and 1 year

Nila Infrastructures Ltd delivered a -0.89% return over the past week. It gained 9.63% in the past six months but declined by 19.3% over the past year.

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Shareholding pattern of Nila Infrastructures

ParticularsJun 2025Mar 2025Dec 2024
Promoter61.90%61.90%61.90%
FII0.50%0.60%0.60%
DII0.00%0.00%0.00%
Public37.60%37.50%37.50%

About Nila Infrastructures

Nila Infrastructures Ltd (NSE: NILAINFRA), part of the Sambhaav Group, specializes in real estate and infrastructure development, undertaking EPC projects, affordable and premium housing schemes, and leasing prime commercial properties in Ahmedabad.

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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 Nila Infrastructures Ltd share price going up today?

A: Nila Infrastructures Ltd share price is up after receiving a Letter of Intent from Ahmedabad Municipal Corporation.

Q: What does Nila Infrastructures Ltd specialize in?

A: Nila Infrastructures Ltd specializes in real estate and infrastructure development, including EPC projects, housing schemes, and commercial property leasing.

Q: What is the market capitalization of Nila Infrastructures Ltd?

A: The market capitalization of Nila Infrastructures Ltd is ₹423.43 crore as per the latest trading data.

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