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Hot Pursuit
14-Mar-24
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Praveg spurts on bagging order to develop tents in Lakshadweep Islands
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Praveg surged 9.08% to Rs 928.90 after the firm received work orders by the Department of Tourism, Union Territory of Lakshadweep for development, operation, maintenance and management of tents at Bangaram and Thinnakara Island.
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This project envisions the creation of 200 luxury tents on Thinnakara Island and 150 on Bangaram Island, including amenities such as scuba diving, destination weddings, corporate events, private gatherings, a health and wellness centre, children’s play area, and a coffee shop among others.
The initial term of the project spans five years, with the possibility of a two year extension.
Praveg is engaged in business of providing services of Advertising, Hospitality, Management and organization of Events and Exhibitions. Praveg is a pioneer in eco-responsible luxury hospitality.
The company’s consolidated net profit declined 29.93% to Rs 8.10 crore despite of 16.52% increase in revenue from operations stood to Rs 33.07 crore in Q3 FY24 over Q3 FY23.
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Previous News |
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Results
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Results
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Praveg Communications (India) AGM scheduled
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Corporate News
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Sword & Shield Pharma reports standalone net loss of Rs 0.03 crore in the June 2016 quarter
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Results
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Announcements
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