The shares of an Indian Castings & Forgings firm have surged 4 p.c from its day’s low value, whereas the corporate receives a contract value 32.21 crores from the Larsen & Toubro
The shares of GTV Engineering Ltd, with a market capitalization of Rs.259.20 crores on Tuesday. Its shares are buying and selling at a CMP of Rs 829.75, in opposition to the earlier closing value of Rs 826.10. The inventory has recovered near 4 p.c from the day’s low, and the inventory has given a staggering return of 61.16 p.c over the previous 6 months.
What’s the information
GTV Engineering Restricted has introduced the receipt of a big order from Larsen & Toubro (L&T) dated Could 17, 2025. The order includes the availability of all Decrease and Center Fabricated Housings required for the NTPC Gadarwara for 3200 MW and NTPC Nabinagar for 1000 MW Thermal Energy Tasks. The execution timeline for the order is eighteen months, and all work can be carried out as per L&T’s technical specs and phrases outlined within the buy order.
The overall order worth is Rs 32.21 crores (excluding GST), marking a serious addition to GTV Engineering’s undertaking pipeline. This contract is a part of the corporate’s common enterprise operations and additional strengthens its presence within the energy infrastructure sector by means of continued collaboration with main trade gamers like L&T.
In regards to the firm
GTV Engineering Ltd is engaged in high-tech fabrication, offering Important Fabrication Inputs (Hello-Tech Heavy Metal Fabrication), as a subcontractor, to massive engineering corporations and manufacturing jobs as per buyer necessities. It executes Infrastructural Tasks associated to Energy, Mineral, Cement, Railways & Metro initiatives.
The corporate’s income from operations has lowered by 34.65 p.c from Rs. 34.08 Crores in Q4FY24 to Rs. 22.27 Crores in Q4FY25, whereas the web earnings of the corporate have grown by 84.55 p.c from Rs. 2.33 crores in Q4FY24 to Rs. 4.3 Crores in Q4FY25.
Written by Likesh Babu S
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