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Supreme Infrastructure India Limited ( (IN:SUPREMEINF) ) just unveiled an announcement.
Supreme Infrastructure India Ltd. has secured a major contract worth INR 71.31 crore for the One Forest Avenue project in Powai. This contract, awarded by Brookfield-backed BSS Property Ventures and Rajeshwar Property Ventures, involves extensive excavation and shore piling works. The project enhances SIIL’s leadership in specialized civil engineering and boosts its financial and operational restructuring efforts. This win not only strengthens SIIL’s credentials in high-margin commercial real estate development but also improves its order book and revenue visibility, signaling renewed financial stability and operational capability.
More about Supreme Infrastructure India Limited
Supreme Infrastructure India Limited (SIIL), established in 1983, is a significant entity in the infrastructure sector, offering comprehensive engineering and construction solutions. The company focuses on specialized civil engineering and construction projects, particularly within the Mumbai metropolitan region.
Average Trading Volume: 2,849
Technical Sentiment Signal: Sell
Current Market Cap: 2.15B INR
For detailed information about SUPREMEINF stock, go to TipRanks’ Stock Analysis page.