RKEC Projects shares hit a 5% upper circuit during morning trade after the company received a significant work order from the Maharashtra Maritime Board for the development of a passenger jetty and terminal facilities at Radio Jetty, near the Gateway of India in Mumbai.
The project, which will be executed on an EPC basis, is valued at approximately Rs 186.68 crore (excluding GST).
This contract demonstrates RKEC Projects’ expertise in the development of infrastructure and its ongoing collaborations with state authorities for critical projects.
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