Niraj Cement Structurals Limited — Important, 28-03-2025: Updates

Niraj Cement Structurals Limited has received a significant work order from the National Highway Authority of India (NHAI) valued at Rs. 115.01 Crores, excluding GST. This order entails the construction of five vehicular underpasses and one flyover along the Puintola to Ichchapuram section of NH-16 in Odisha. The project is structured under the Engineering Procurement and Construction (EPC) model and is expected to be completed within 12 months. This new contract not only bolsters the company’s order book but also reinforces its position in the infrastructure sector, contributing positively to its revenue outlook. Investors should monitor the project's progress closely, given its potential to enhance financial performance in the coming year.