The shares of micro-cap infra inventory, VVIP Infratech Restricted have been locked 5% larger on 3 April after the corporate introduced securing an order value Rs 414 crore for infrastructure initiatives.
VVIP Infratech Restricted has secured contemporary orders of Rs 414 crore for infrastructure initiatives. These initiatives embody a Rs 175.80 crore sewerage community mission in Uttarakhand, which is being sponsored by German Monetary Cooperation, and Rs 238.36 crore electrical distribution initiatives in Uttar Pradesh via the Revamped Distribution Sector Scheme (RDSS).
The sewerage mission in Rishikesh goals to advertise cleanliness, whereas the electrical initiatives intention to divide agricultural and rural electrical consumption between areas. The initiatives are anticipated to be accomplished between 547-730 days. This consequence highlights VVIP Infratech’s experience in infrastructure improvement and dedication to offering high-quality work on schedule, all whereas contributing to India’s development in sanitation and energy distribution.
The agency works on numerous infrastructure initiatives, together with sewer traces, water tanks, and therapy crops. It additionally constructs roads, sectors, and buildings and controls electrical energy as much as 33 kVA. Moreover, it focuses on applications to enhance water provide below the Jal Jeevan Mission.
As of 31 January 2025, VVIP Infratech Restricted has an order guide valued at Rs. 560.83 crore. This contains contracts for a spread of infrastructure initiatives, together with water therapy crops, power initiatives, and sewerage methods.
At 1:21 pm, the shares of VVIP Infratech have been locked 5% larger at Rs 171.70 on NSE.
Keep Forward with VVIP Infratech Ltd. Ask the Analyst.
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