Niraj Cement Structurals Ltd has bagged a ₹195.7 million work order, strengthening its infrastructure portfolio. The deal highlights the company’s execution capabilities and reliability, while analysts say such contracts provide resilience amid rising costs. Government-led infrastructure spending continues to drive growth, boosting confidence in Niraj Cement’s long-term outlook.
Niraj Cement Structurals Ltd (NIRC.NS) has announced a significant milestone, winning a work order worth ₹195.7 million. This fresh contract is expected to bolster the company’s project portfolio and reinforce its position in India’s infrastructure development sector.
Key highlights from the announcement:
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The order, valued at ₹195.7 million, adds to Niraj Cement’s growing list of infrastructure projects, enhancing revenue visibility.
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The company has consistently focused on road construction, bridges, and civil engineering works, and this contract further strengthens its pipeline.
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Analysts note that such orders are crucial in the current environment, where government-led infrastructure spending is driving sectoral growth.
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The deal underscores Niraj Cement’s execution capabilities and reliability, which have helped it secure repeat business.
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Industry experts believe this order will provide steady cash flows and improve operational stability amid rising input costs.
This development highlights Niraj Cement’s ability to secure sizable contracts, reinforcing investor confidence and signaling growth momentum in India’s infrastructure sector.
Sources: Reuters, NSE India, Business Standard