Brahmaputra Infrastructure Ltd witnessed a sharp 13% surge in its stock price after the company announced a major contract win. As of 11:12 AM, the shares were trading 9.85% higher at Rs 56.10.
The company, through its joint venture Brahmaputra–PKV JV, has signed an agreement with Telecommunication Consultants India Limited (TCIL), a Government of India enterprise.
The contract, valued at ₹91,49,06,101 (₹91.49 crore), is for the construction of Eklavya Model Residential Schools (EMRS) in two locations in Arunachal Pradesh — Aalo Village in West Siang district and Ziro II Village in Lower Subansiri district. The project will be executed under the Engineering, Procurement, and Construction (EPC) mode and is expected to be completed within 24 months.
This contract is seen as a significant milestone for Brahmaputra Infrastructure, marking its expanding footprint in northeastern India’s infrastructure development sector. The project aligns with the Government of India’s initiative to improve educational infrastructure for tribal communities through the EMRS scheme.
Investors responded positively to the news, driving the stock price up by 13% in intraday trading. The development strengthens the company’s order book and demonstrates its capability in handling government-backed infrastructure projects.
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