GTV Engineering Bags ₹322.1 Million Order, Stock Surges on Growth Prospects
Updated: May 19, 2025 16:26
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GTV Engineering Ltd has secured a major order valued at ₹322.1 million, reinforcing its reputation as a preferred partner for high-value fabrication projects across power, mineral, cement, and infrastructure sectors. The company, known for its hi-tech heavy steel fabrication and robust client base, continues to ride the momentum of India’s infrastructure boom.
Key Highlights:
Major Order Win: GTV Engineering’s latest order, worth ₹322.1 million, is set to drive topline growth and further strengthen its order book, reflecting strong demand for its specialized fabrication and machining solutions.
Financial Performance: The company recently posted an 84.55% year-on-year jump in net profit for the March 2025 quarter, reaching ₹4.3 crore, despite a temporary revenue contraction. With a return on equity of 23.37% and a five-year profit CAGR of 68.6%, GTV Engineering stands out among its peers.
Market Response: Following the order announcement, the stock surged over 7%, trading at ₹826.10 as of May 19, 2025, and notching a 15% gain over the past month. Investors remain bullish, buoyed by consistent dividend payouts and strong operational metrics.
Growth Outlook: With a 100% customer retention rate and ongoing expansion of production capacity, GTV Engineering is well-positioned to capitalize on the government’s capex push and the growing shift of international buyers to Indian manufacturers.