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Updated: May 08, 2025 17:02
OM Infra Ltd has witnessed a sharp rise in its stock price, gaining more than 8 percent in Thursday’s trading session following the announcement of a new order win. The company has secured a ₹129 crore contract for a water infrastructure project in Uttar Pradesh, reinforcing its position in sustainable infrastructure development.
The project, set to be completed within 24 months, focuses on enhancing water resource management and supporting national programs such as the Jal Jeevan Mission. OM Infra’s expertise in engineering, procurement, and construction services has positioned it as a key player in India’s infrastructure sector.
The company’s Managing Director, Vikas Kothari, emphasized that the project aligns with OM Infra’s commitment to managing water resources, improving irrigation systems, and promoting renewable energy solutions. The firm expects the contract to contribute positively to its revenue and profitability, driving long-term value for stakeholders.
OM Infra has been actively expanding its portfolio, with recent order wins totaling ₹448 crore for water infrastructure projects in Uttar Pradesh. The company’s stock has delivered multibagger returns over the past five years, reflecting strong investor confidence.
Market Performance Highlights:
- OM Infra secures ₹129 crore water infrastructure project in Uttar Pradesh.
- The project will be completed within 24 months, supporting the Jal Jeevan Mission.
- Stock price surges over 8 percent following the announcement.
- Recent order wins total ₹448 crore, strengthening the company’s portfolio.
- OM Infra continues to expand its presence in sustainable infrastructure development.
Sources: Mint, Moneycontrol, Economic Times, Business Standard, Financial Express.
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