Dhara Rail Projects Limited Secures Order from Railway Division for Component Maintenance
Dhara Rail Projects Limited has secured a significant work order related to railway component maintenance and overhauling, valued at Rs. 2,13,55,896.27/- (including GST).The contract was awarded by the Sr. Divisional Electrical Engineer/TRD of the Agra Division Electrical at the DRM office complex in Agra. The project involves the maintenance, repair, and overhauling of components—specifically those apart from the diesel engine—for 4 W and 8 W Tower Wagons belonging to NC Railway.
The contract is set for a duration of 24 months.
Commercial Details of the Contract
The order pertains to work provided by a domestic entity to Dhara Rail Projects Limited. The commercial consideration for this service is Rs. 2,13,55,896.27/- (Rupees Two Crore Thirteen Lakh Fifty Five Thousand Eight Hundred And Ninety-Six Rupees And Twenty-Seven Paise Only).Details regarding the contract and its nature include:
| Particulars | Details |
|---|---|
| Awarding Entity | Sr. Divisional Electrical Engineer/TRD, Agra Division Electrical, DRM office complex, Agra |
| Nature of Work | Maintenance, Repair & Overhauling of components apart from diesel engine for 4 W and 8 W Tower Wagon of NC Railway |
| Contract Duration | 24 Months |
| Commercial Consideration (including GST) | Rs. 2,13,55,896.27/- |
The transaction was noted to be neither a related party transaction nor did the promoter or promoter group hold any interest in the entity that awarded the order.
DHARARAIL Stock Price Movement
On Thursday, shares of Dhara Rail Projects Limited rallied, closing higher by 2.40% to settle at ₹159.8. The stock traded within the session range of ₹156.75 to ₹159.9 and recorded a volume of 16,000 shares during the market period.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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