Shares of Vishnu Prakash R Punglia Limited surged nearly 4% after the company announced that it had secured a significant project worth ₹161 crore from the North Western Railway (NWR) in Jaipur. This project is part of the Jaipur-Sawai Madhopur Doubling Project.
The contract, valued at ₹1608.60 million, involves earthwork, platform construction, electrical and signal structures, and various other infrastructure improvements between Jaipur and Chaksu stations. The project was awarded by the DYCE-C-II-JP-ENGINEERING office after a competitive tender process.
As of 9:18 am, the company’s shares were trading 2.59% higher at ₹277.55 on NSE, reflecting positive market sentiment following the news.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
