The company is required to furnish the Performance Bank Guarantee within 15 days from the issuance of the LOA and to complete the contract agreement execution as per the RFP document.
Dhruv Consultancy Services in association with M/S Designilla has received the Letter of Acceptance (LoA) for providing Consultancy Services for Authority’s Engineer for the supervision of construction of one Flyover at Km 2+735 and one Major Bridge at Km 31+260 on NH-730 in the State of Uttar Pradesh under EPC mode from the office of Chief Engineer (National Highway) - UPPWD, Lucknow (the Authority) dated October 17, 2023, as received directly by the company i.e. Dhruv Consultancy Services on October 18, 2023.
The contract price for the said Project will be Rs 1.35 crore including GST. The contract period will be 24 months. The Company is required to furnish the Performance Bank Guarantee within 15 days from the issuance of the LOA and to complete the contract agreement execution as per the RFP document.
Dhruv Consultancy Services is an infrastructure consultancy company providing design, engineering, procurement, construction and integrated project management services for Highways, Bridges, Tunnels, Architectural, Environmental Engineering and Ports
Dhruv Consultancy Services is currently trading at Rs 64.74, up by 3.69 points or 6.04% from its previous closing of Rs 61.05 on the BSE. The scrip opened at Rs 62.70 and touched a high and low of Rs 65.65 and Rs 62.30 respectively. So far 9,307 shares were traded on the counter. The stock has a P/E ratio of 18.4x, ROCE of 11.1%, and ROE of 9.37%.
The BSE group ‘B’ stock of face value of Rs 10 has touched a 52-week high of Rs 71.90 and a 52-week low of Rs 43.26. Last one week high and low of the scrip stood at Rs 65.65 and Rs 58.60 respectively. The current market cap of the company is Rs 98.01 crore. The promoters holding in the company stood at 61.37%, while Institutions and Non-Institutions held 0.05% and 38.58%, respectively.
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