Dhara Rail Projects Limited Secures Work Order Worth Rs 4,93,91,029 For Railway Depot Maintenance
Dhara Rail Projects Limited has secured a significant work order for maintaining a Government Maintenence Depot (GMD) in Ajni, Nagpur. The contract awarded to the company amounts to Rs 4,93,91,029.01, which includes GST.The work involves maintenance activities outsourcing for the 12000HP Government Maintenence Depot at Ajni, Nagpur. This contract was received from the Sr. Divisional Electrical Engineer/TRS/ELS/AQ of Central Railway, Electric Loco Shed-Ajni, Nagpur. The agreement covers a period of two years.
The contract details are summarized below:
| Particular | Details |
|---|---|
| Entity awarding the order | Sr. Divisional Electrical Engineer/TRS/ELS/AQ, Central Railway, Electric Loco Shed-Ajni, NAGPUR |
| Nature of work | Maintenance activities outsourcing for 12000 HP Government Maintenence Depot (GMD), Ajni, Nagpur |
| Duration | 24 Months |
| Commercial consideration | Rs 4,93,91,029.01 (including GST) |
| Order origin | Domestic entity |
The contract does not involve any interest from the promoter or the promoter group in the awarding entity. Furthermore, the order is noted as Not Applicable regarding related party transactions.
DHARARAIL Stock Price Movement
Today, shares of Dhara Rail Projects Limited edged higher as they settled at ₹153.90 after a day of trading. The stock traded within an intraday range spanning from a low of ₹150 to a high of ₹155, with 23,000 shares recorded in volume.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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