Generic Engineering Construction and Projects Limited has been awarded with new work orders worth Rs80.80cr (including GST) for various institutional projects from new reputed clients, which inter alia includes Residential project based in Panvel worth Rs44.68cr (plus GST) from Cityopia Ventures Private Limited and Special Project for Structural Construction of replica of 12 Jyotrilings at Kangnidar (Mandi), Himachal Pradesh amounting to Rs36.12cr from Himachal Pradesh Tourism Development Corporation Limited.
On the same, Manish Patel, Managing Director said, “We are pleased with these new order win. We feel proud of being selected on the basis of strengths of our technical and financial bids. It is our continuous endeavour to add more orders from existing clients and we are confident on the growing execution capabilities of the company throughout PAN India.
With receipt of above, the total current outstanding order book stands at Rs1288.58cr.
Generic Engineering Construction was trading at Rs57.95 apiece up by Rs0.35 or 0.61% from its previous closing of Rs57.60 on the BSE, at around 1:15 PM