Introduction:
Leading infrastructure developer has secured a ₹63.52 crore work order for finishing work in a major slum redevelopment project in Ahmedabad, enhancing housing infrastructure under the Pradhan Mantri Awas Yojana.
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Share price movement of Nila Infrastructures:
On March 25, 2025, Nila Infrastructures Ltd opened at ₹10.02, up 2.04% from its previous close of ₹9.82. The stock reached a high of ₹10.82 (7.12%) and a low of ₹9.45. By 1:12 PM, it traded at ₹10.10, a 2.85% increase, with a market cap of ₹397.83 crore.
Nila Infrastructures Wins ₹63.52 Crore Order:
Nila Infrastructures Limited has received a new ₹63.52 crore work order for the ‘Finishing Work’ of a slum redevelopment project at Ramapir No Tekro, Wadaj, Ahmedabad. The project is part of the Pradhan Mantri Awas Yojana.
Awarded by Shree Infracon Private Limited, this order includes material and labour for finishing 1,694 residential flats. Originally granted by Ahmedabad Municipal Corporation under the 2013 Slum Rehabilitation and Redevelopment Policy, the project aims to enhance urban housing infrastructure.
The contract has a 10-month execution timeline and includes a seven-year defect liability period. Nila Infrastructures continues to strengthen its presence in the affordable housing sector with this latest work order.
Stock performance of Nila Infrastructures for Period of 1 week, 6 months, and 1 year:
Nila Infrastructures Ltd delivered a 10.5% return over the past week. However, the stock declined by 24.0% in the past six months and registered a 12.7% drop over the past year.
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Shareholding pattern of Nila Infrastructures:
| Particulars | Dec 2024 | Sep 2024 | Jun 2024 |
| Promoter | 61.90% | 61.90% | 61.90% |
| FII | 0.60% | 1.40% | 1.10% |
| DII | 0% | 0% | 0% |
| Public | 37.50% | 36.80% | 37.10% |
About Nila Infrastructures:
Nila Infrastructures Ltd (NSE: NILAINFRA), part of the Sambhaav Group, specializes in real estate and infrastructure development, executing EPC and affordable housing projects while also managing prime commercial properties in Ahmedabad for corporate leasing.
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.
