Shares of Bharat Global Developers Ltd (BGDL) surged 5% to ₹1,242.65 in morning trade on December 16 after the company announced the successful completion of a ₹300 crore Fluidized Catalytic Cracker (FCC) project for Reliance Industries Ltd.
The FCC unit, a crucial component of Reliance’s refinery operations, was designed and constructed to meet the highest operational and environmental standards. This project highlights BGDL’s engineering expertise and ability to deliver large-scale, high-value infrastructure projects efficiently.
In a statement, BGDL emphasized that the revenue from the project has already been accounted for in its recent quarterly financial performance, contributing positively to the company’s growth trajectory.
This milestone further strengthens BGDL’s long-standing partnership with Reliance Industries and reinforces its capabilities in handling critical infrastructure projects.
Looking ahead, BGDL’s robust order book exceeds ₹1,500 crore, including key projects such as the Tata Agro annual supply contract, the McCain India AgriTech project, and Dubai-based subsidiary orders for precious metals and stones.
The company remains focused on operational excellence and timely execution to drive sustained growth in the infrastructure and industrial sectors.
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