Vishnu Prakash R Punglia Ltd Share Price – NSE  /  BSE

Construction, Small Cap

Vishnu Prakash R Punglia will hold a meeting of the Board of Directors of the Company on 8 November 2023.

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The project includes engineering, procurement, construction, testing, commissioning, trial run and operation & maintenance for 10 years of Chillar Dam multi-village drinking water supply scheme, Shajapur in single package on 'Turn-key Job Basis'. The cost of said project is Rs 634.41 crore.

Shares of Vishnu Prakash R Punglia debuted on the bourses on 5 September 2023. The scrip was listed at Rs 163.30, representing an 64.95% premium to the issue price of Rs 99.

Vishnu Prakash R Punglia is an integrated engineering, procurement and construction (EPC) company with experience in design and construction of various infrastructure projects for the Central and state government, autonomous bodies, and private bodies across nine states and one Union territory in India.

The company's standalone net profit jumped 52.5% to Rs 16.44 crore on 49.4% increase in net sales to Rs 278.17 crore in Q1 FY24 over Q1FY23.

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Vishnu Prakash R Punglia has received Letter of Award from Office of Madhya Pradesh Jal Nigam, Govt. of Madhya Pradesh Undertaking (Bhopal) for Engineering, Procurement, Construction, Testing, Commissioning, Trial Run and Operation & Maintenance for 10 years of Chillar Dam Multi-Village Drinking Water Supply Scheme, District Shajapur in single package on 'Turn-key Job Basis'. The project cost is Rs 634.41 crore.

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Net profit of Vishnu Prakash R Punglia rose 52.50% to Rs 16.44 crore in the quarter ended June 2023 as against Rs 10.78 crore during the previous quarter ended June 2022. Sales rose 49.44% to Rs 278.17 crore in the quarter ended June 2023 as against Rs 186.14 crore during the previous quarter ended June 2022.

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