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Knowledge Marine & Engineering Works Limited ( (IN:KMEW) ) has issued an announcement.
Knowledge Marine & Engineering Works Ltd (KMEW) has secured a significant work order from Deendayal Port Authority for excavation and cutting in the water front area at Roll-on/Roll-off facilities for handling over-dimensional cargo at Bunder Basin. Valued at ₹91.85 lakhs, this project will be executed over four months using KMEW’s in-house vessel fleet, showcasing the company’s asset readiness and operational efficiency. This contract win reinforces KMEW’s position as a preferred partner in India’s dredging and marine engineering sector, highlighting its strategic focus on scaling operations and delivering critical infrastructure services.
More about Knowledge Marine & Engineering Works Limited
Incorporated in 2015, Knowledge Marine & Engineering Works Ltd (KMEW) specializes in owning and operating marine crafts, dredging, and providing repair and maintenance services for marine crafts and infrastructure. The company offers a range of marine engineering solutions including dredging at ports, repair and refit services for naval and merchant ships, and conducting hydrographic and magnetometer surveys.
Average Trading Volume: 7,665
Technical Sentiment Signal: Buy
Current Market Cap: 27.44B INR
For a thorough assessment of KMEW stock, go to TipRanks’ Stock Analysis page.