Shares of APV Infracon Ltd have been buying and selling 1% down on 6 November regardless of the corporate saying securing Rs 21 crore orders from Reliance Group.
In line with the newest regulatory filings with the NSE, Reliance Mappedu Multi Modal Logistics Park Restricted has issued AVP Infracon Restricted a Letter of Acceptance (LOA) for 2 work orders totalling virtually Rs 21.2 crores.
The primary order, price Rs 12.77 crore, is for street and infrastructure building with a three-month completion time-frame. The second order, price Rs 8.41 crore, is for OSBL RCC drain works, that are additionally anticipated to be accomplished inside three months.
Reliance Mappedu Multi-Modal Logistics Park Restricted, included in December 2022, is within the enterprise of growing, working, and sustaining the Multimodal Logistics Park Chennai. The fast holding firm is Reliance Logistics and Warehousing Holdings Restricted, and the final word holding agency is Reliance Industries Restricted.
As of H1 FY26, the corporate had an order e book of over Rs 300 crores, with a bid pipeline price Rs 1,500-2,000 crores now being evaluated. The corporate’s execution visibility is 18-24 months, with a major ramp-up projected within the second a part of FY26.
Throughout the first half of FY26, AVP Infracon obtained round Rs 124 crore in orders, securing 5 vital infrastructure contracts for highways, bridges, and industrial tasks.
Launched in January 2025, the corporate’s photo voltaic EPC department is increasing its expertise and actively competing on bigger tasks to develop this as a long-term development sector. Whereas the present focus is on authorities contracts, AVP plans to enter the business infrastructure and industrial building space in FY27, providing turnkey civil, metal, and street infrastructure options customised to manufacturing and industrial shoppers.
AVP Infracon Restricted concentrates its efforts on important tasks resembling highways, bridges, irrigation and canal tasks, flyovers, and industrial infrastructures. It specialises in expressways, nationwide highways, state highways, flyovers, bridges, viaducts, irrigation tasks, city improvement (civic facilities), and business tasks.
At 2:05 pm, the shares of AVP Infracon have been buying and selling 0.34% decrease at Rs 157.55 on NSE.
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