Hot Pursuit     27-Jun-24
Ramky Infra rallies on securing orders worth Rs 131 crore
Ramky Infrastructure advanced 4.31% to Rs 586.95 after it received two notification of awards (NOA) from Power Grid Corporation of India’s wholly owned subsidiary, Power Grid Energy Services aggregating to Rs 131.19 crore.
The first order entails supply of plant contract for loss reduction work under results-linked, distribution sector scheme (RDSS) in Leh District under implementation of distribution of infrastructure works of Ladakh Power Devplopment Department (LPDD) under RDSS in Leh & Kargil of UT of Ladakh. The time period for completion of the project is 30 months and the cost of the project is Rs 107.39 crore.

The subsquent order includes supply of installation services contract for loss reduction work under RDSS in Leh District under implementation of distribution of infrastructure works of LPDD under RDSS in Leh & Kargil of UT of Ladakh. The project is to be executed in 30 months and the cost of the project is Rs 23.80 crore.

Ramky Infrastructure principally operates in two business segments: construction and development. In the development business, the group constructs roads under built-operate-transfer (BOT modes, industrial parks, special economic zones, and bus terminals.

The company reported a 94.66% decline in consolidate net profit to Rs 57.50 crore on marginal rise in revenue from operations to Rs 581.19 crore in Q4 FY24 over Q4 FY23.

Previous News
  Ramky Infrastructure consolidated net profit declines 94.67% in the March 2024 quarter
 ( Results - Announcements 29-May-24   17:02 )
  Ramky Infrastructure to hold board meeting
 ( Corporate News - 28-May-24   14:36 )
  Ramky Infrastructure to conduct board meeting
 ( Corporate News - 08-Feb-24   13:55 )
  Ramky Infrastructure Ltd leads gainers in 'B' group
 ( Hot Pursuit - 23-Dec-20   12:15 )
  Ramky Infrastructure secures order worth Rs 494 cr for construction of residential units
 ( Corporate News - 07-Jun-19   14:19 )
  Ramky Infrastructure reports standalone net loss of Rs 85.67 crore in the September 2015 quarter
 ( Results - Announcements 14-Nov-15   08:44 )
  Board of Ramky Infrastructure approves change in CFO
 ( Corporate News - 28-May-19   10:16 )
  Ramky Infrastructure to hold board meeting
 ( Corporate News - 07-Nov-23   14:07 )
  Ramky Infrastructure to declare Quarterly Result
 ( Corporate News - 05-Feb-21   14:33 )
  Ramky Infrastructure announces board meeting date
 ( Corporate News - 24-May-22   09:54 )
  Ramky Infrastructure schedules board meeting
 ( Corporate News - 08-Aug-22   10:18 )
Other Stories
  Tata Motors total sales drop 11% YoY in Sept’24
  01-Oct-24   15:33
  Vipul Organics hits all-time high after board OKs Rs 25 cr right issue
  01-Oct-24   15:06
  Magellanic Cloud Ltd leads losers in 'A' group
  01-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  01-Oct-24   14:45
  GE Power India rises on bagging order worth Rs 240-cr
  01-Oct-24   14:41
  Volumes jump at Caplin Point Laboratories Ltd counter
  01-Oct-24   14:30
  TVS Motor registers 20% growth in September 2024 sales; Q2 total sales at 12.28 lakh units
  01-Oct-24   14:07
  Oil and Gas shares slide
  01-Oct-24   14:00
  Telecom shares fall
  01-Oct-24   14:00
  Real Estate stocks slide
  01-Oct-24   14:00
Back Top