NACDAC Infrastructure Ltd Secures INR 8.98 Crore Contract from Bharat Electronics Limited
Nacdac Infrastructure Limited, a construction and infrastructure development company, announced the acquisition of a work order from Bharat Electronics Limited (BEL). The contract pertains to the 'CONSTRUCTION OF TEST PLATFORM (ARUDHRA) ALONG WITH RAMP AT BE-GAD' and has a total contract value of INR 8.98 Crore.The development positions Nacdac Infrastructure Limited among organizations capable of competitively bidding for diverse projects across multiple states.
Nacdac Infrastructure Limited is recognized for its expertise in multi-story building projects, steel structures, bridges, allied civil works, and comprehensive electrical services, including low-tension and high-tension systems. The company has been delivering high quality, sustainable, and innovative solutions in the Indian infrastructure sector since its establishment in 2012.
The company has attained several certifications, including ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018, underscoring its dedication to quality, environmental responsibility, and occupational health and safety standards.
The company clarified that the received orders are routine in nature and were obtained in the normal course of business, resulting in no change in the business model, risk profile, or financial position beyond what has been previously disclosed.
Stock Price Movement
As of 11:34 AM, NACDAC Infrastructure Ltd is ticking up, trading at ₹27.60, representing a 5.91% advance for the shares. However, for the day so far, the shares are locked in place, oscillating completely flat between ₹27.60 and ₹27.60.Source:
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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.