Apex Ecotech Renews Contract with L&T Construction; Order Value Range Updated
Apex Ecotech Limited, formerly known as Apex Ecotech Private Limited, has announced an amendment regarding a contract order received from Larsen & Toubro Limited (L&T Construction). The company confirmed that it has received communication detailing an update to the scope of deliverables under the existing agreement.Following the modification in the project scope, the financial value of the contract has been adjusted. Previously, the contract was valued within a range of INR 45 crores to 55 crores. With the updated scope, Apex Ecotech's order value is now projected between INR 55 crores and 67 crores.
The contractual details reflect this significant modification in scope and value. All other terms and conditions specified in the original Letter of Intent or Order remain unchanged.
The financial structure of the contract amendment is detailed below:
| Contract Detail | Previous Range (INR) | New Range (INR) |
|---|---|---|
| Project Value | 45 crores to 55 crores | 55 crores to 67 crores |
APEXECO Stock Price Movement
Today, shares of Apex Ecotech Limited edged higher to close at ₹250.65, after gaining 1.36% in post-market trading. The stock saw a volume of 60,000 shares while trading near its annual high of ₹258.95 throughout the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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