LCC Projects wins ₹653 crore irrigation project bid
LCC Projects has secured the lowest bid for a ₹653.34 crore irrigation project in Rajasthan, set to be completed in 36 months. This domestic order may positively impact the company's revenue and market perception.
pre-market1 source ↓written by the desknot a recommendation
- irrigation project
- ₹653.34 crore
- 36 months
- at ₹143.80
- 1.9% lower
LCC Projects has emerged as the lowest bidder for a ₹653.34 crore irrigation project in Rajasthan, awarded by the Water Resources Department. The project involves sprinkler irrigation and solar power systems and will be executed on an EPC turnkey basis over 36 months.
This domestic order may enhance LCC Projects' revenue stream and improve market sentiment, despite shares closing 1.9% lower at ₹143.80 on the NSE.
Not investment advice. For informational purposes only.