Ganesh Infraworld Subsidiary Wins INR 100 Crores Work Order for Rail Link Project
Ganesh Infraworld Limited’s subsidiary, Tykoon Mines GK Limited (formerly Kandoi Transport Limited), has been awarded a substantial work order amounting to approximately INR 100 crores. The contract pertains to sub-contracting the execution of critical infrastructure works related to the Bikramshila -Katariah New Line Rail Link Project.The project involves comprehensive Engineering, Procurement and Construction (EPC) services. These services are dedicated to the construction of guide bunds and launching aprons, along with associated river protection works.
Tykoon Mines GK Limited is expected to complete this work within nine months. Given the timeline, the company anticipates recognizing the revenue from this contract in the current financial year.
GANESHIN Stock Price Movement
Ganesh Infraworld Limited shares slipped on Tuesday, settling at ₹92.25 after investors noted a 0.91% decline. The stock saw trading activity of 29,600 shares during the session.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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