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RKEC Projects Ltd. ( (IN:RKEC) ) just unveiled an announcement.
RKEC Projects Ltd. has secured a new EPC contract from the National Highways Authority of India to execute balance work on a new bridge over the Gandak river, including approach roads, and to rehabilitate the existing Gandak and Mahi bridges on the Chappara–Hajipur section of NH-19 in Bihar. Valued at Rs 40.50 crore and described as being in the ordinary course of business, the order strengthens RKEC’s project pipeline in the road and bridge segment and underscores its continuing role in national highway and river-crossing infrastructure upgrades.
More about RKEC Projects Ltd.
RKEC Projects Ltd. operates in the infrastructure and construction sector, executing engineering, procurement and construction (EPC) contracts for bridges, highways and related civil works. The company focuses on government-funded transportation projects, positioning itself as a contractor for large public infrastructure initiatives across India.
Average Trading Volume: 40,928
Technical Sentiment Signal: Sell
Current Market Cap: 759.8M INR
See more insights into RKEC stock on TipRanks’ Stock Analysis page.