Synopsis: EPC stock jumps 5% after securing a Rs. 123 crore LOA from Enmas EPC Power Projects Limited (JV) to supply, install, test, and commission 28.83 MWp rooftop solar plants for 14,416 SC/ST consumers.
The shares of this company are engaged in the business of executing projects related to Transport Infrastructure, Energy & Environmental projects, Social & Commercial Complex, Office buildings and Industrial projects etc are in the spotlight after it rose by 5% on securing an order from Enmas EPC Power Projects Limited (JV).
With a market capitalisation of Rs. 2,555 cr, the shares of GHV Infra Projects Ltd were trading at Rs. 354.50 per share, increasing 5% in today’s market session, making a high of Rs. 368.50, up from its previous close of Rs. 351.40 per share. The stock has surged 839% over the past year. Year-to-date, it has gained 24%, risen 10% in the last six months, and advanced 50% in the past month.
About the order
GHV Infra Projects Limited (formerly known as Sindu Valley Technologies Limited) informed about the receipt of a significant Letter of Award (LOA). This pertains to a new order that strengthens the company’s presence in the renewable energy EPC segment.
The LOA has been awarded by Enmas EPC Power Projects Limited (JV). The contract involves the supply of all materials required for setting up 28.83 MWp Grid-Connected Rooftop Solar (RTS) plants for 14,416 SC & ST consumers.
The scope includes solar panels, inverters, module mounting structures, distribution boards, cabling, earthing systems, and other associated components to be delivered at the respective installation sites.
In addition to supply, the company will undertake Installation, Testing, and Commissioning (ITC) of the rooftop solar plants for each of the 14,416 beneficiaries, in association with the awarding joint venture. The order is categorised as domestic in nature and falls under EPC (Engineering, Procurement, and Construction) works.
The total value of the work order, as per the LOA, is approximately Rs. 123 crore. The project is required to be completed within a period of 120 days from the date of award, indicating a time-bound execution schedule.
Recently, on Feb 10th, it received a domestic work order worth approximately Rs. 135 crore from MHK Buildcon LLP for the construction of a water storage pond and associated civil works in Haryana. The project is to be completed within 22 months and falls under core civil construction activities.
GHV Infra Projects Ltd is an India-based infrastructure development company engaged in executing engineering, procurement, and construction (EPC) projects across roads, highways, irrigation, and urban infrastructure segments. The company focuses on delivering turnkey solutions for government and institutional clients, leveraging in-house project management capabilities and technical expertise.
It reported strong year-on-year growth in Q3FY26, with sales surging 646% to Rs. 138 crore compared to Rs. 18.5 crore in Q3FY25. EBITDA rose 645% to Rs. 28.1 crore from Rs. 3.77 crore, while net profit jumped 393% to Rs. 14.6 crore from Rs. 2.96 crore. EPS increased sharply by 393% to Rs. 2.02 from Rs. 0.41 a year ago.
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
The post Stock jumps 5% after receiving ₹123 Cr order for 28.83 MW rooftop solar project appeared first on Trade Brains.