Infra stock jumps 9% after securing order worth ₹99 Cr from IIT Delhi

SYNOPSIS: An EPC-focused company emerged as the lowest bidder for a Rs. 98.84 crore IIT Delhi residential campus project, to be executed over 18 months at the institute’s R.K. Puram Extension Campus.

During Friday’s trading session, shares of an EPC-focused company engaged in the execution of civil and infrastructure projects surged nearly 9 percent from its intraday low on BSE, after securing an order worth around Rs. 99 crores from the Indian Institute of Technology (IIT), Delhi.

With a market cap of Rs. 306 crores, shares of Globe Civil Projects Limited were trading in the green at Rs. 52 on BSE, up by around 2 percent, as against its previous closing price of Rs. 51.07. The stock has delivered negative returns of over 45 percent in one year, and has fallen by nearly 3 percent in the last one month.

According to its latest exchange disclosure, Globe Civil Projects Limited has emerged as the lowest bidder for a construction project awarded by the Indian Institute of Technology (IIT) Delhi, with an estimated contract value of around Rs. 98.84 crore. 

The tender pertains to the development of a residential building comprising 3 basement levels, a ground floor, and 11 upper floors (3B+G+11), along with associated infrastructure and allied services. The project will be executed at the IIT Delhi Extension Campus located in Sector-3, RK Puram, New Delhi.

The company stated that the tender was opened on 27th February 2026, through the Government e-Procurement System. Following the evaluation process, Globe Civil was declared the lowest bidder (L1). The project is expected to be completed within a period of 18 months.

Globe Civil Projects Limited is primarily engaged in the business of civil construction and undertakes construction contracts for government departments, local authorities, and other clients. It has two segments, namely the Engineering, Procurement and Construction (EPC) projects segment and the Trading segment.

The company reported a marginal decline in revenue from operations, experiencing a year-on-year decrease of more than 2 percent, from Rs. 1,144 crores in Q3 FY25 to Rs. 1,116 crores in Q3 FY26. However, its net profit surged nearly 6 percent to Rs. 125 crores from Rs. 118 crores over the same period.

As of August 2025, the company’s consolidated order book stands at over Rs. 1,000 crore, reflecting a strong and diversified pipeline that offers multi-year revenue visibility. The projects are spread across 11+ states, providing geographical diversification, with an average execution timeline ranging from 4 to 30 months.

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post Infra stock jumps 9% after securing order worth ₹99 Cr from IIT Delhi appeared first on Trade Brains.