Garuda Construction secures ₹1,416 Cr order, shares rise 5%
after close1 source ↓written by the desknot a recommendation
- shares rose
- 5.1%
- be executed
- 60 months
Garuda Construction and Engineering Limited has secured a work order worth ₹1,416 cr from Sumer Corporation for a premium residential project in Mumbai. Following this announcement, shares rose 5.1%, trading at ₹236.85, up from ₹225. This contract will be executed over 60 months, enhancing the company's growth prospects.
Not investment advice. For informational purposes only.