Stock jumps 10% after receiving ₹164 Cr orders from Northeast Frontier Railway

Synopsis:
The shares of this infra company opened  with a gap up of 9 percent with added momentum from orders received from NF Railway and MMRDA in the second half of the day.

The shares of this company is in the business of specialty engineering construction and infrastructure for the past 3 decades, is in focus after it received multiple orders worth Rs. 164.18 crore.

With the market capitalization of Rs.218.18 crore, Niraj Cement Structurals Ltd’s share opened to mark a day high of Rs. 40 per share, up by 9.82 percent from its previous day close price of Rs. 36.42 per share. The share has given a negative return of 29 percent over a period of five years.

Significant Orders

Niraj Cement Structurals Ltd received a work order worth Rs. 81.52 crore from Northeast Frontier Railway to be executed in a period of 18 months. With the detail of the construction work as follows:

Construction of multiple span 12.20 metres PSC Slab underpasses, Major Bridge No. 727, Retaining Wall, Guide Wall, Embankment and 01 No. Minor Bridge for the proposed UP and Down line to provide permanent mitigation measures in elephant corridors near Deepor Beel area from Km 163/00–164/200 between station Azara and Kamakhya in connection with the New Bongaigaon, Goalpara Town and Kamakhya (NBQ–GLPT–KYQ) railway doubling project

The second order received from the Mumbai Metropolitan Region Development Authority is worth Rs. 82.66 Crores, for providing connectivity from SGMC monorail station to Mahalaxmi metro and suburban station through FOB with Travellator. This domestic order has to be executed within a period of 12 months, being a non-party related transaction.

About the company 

Niraj Cement Structurals Limited (Niraj) is engaged in the business of specialty engineering construction and infrastructure for the past 3 decades, Niraj is amongst the oldest and most well reputed infrastructure companies in India, with a wealth of diverse experience and exposure. It provides end-to-end solutions, highways, bridges, water supply and drainage, irrigation, land storm water drainage and other infrastructural work. 

Financial highlights, revenue from operation grew by 24 percent to Rs.172 crore in Q2 FY26 from Rs. 138 crore in Q2 FY25. EBDIT grew by 86 percent to Rs. 9.99 crore in Q2 FY26 from Rs. 5.38 crore in Q2 FY25, Accompanied by Net profit growth of 107 percent YoY to Rs 9.18 crore in Q2 FY26 and EPS growth of 52  percent YoY to Rs. 1.54 per share.

Written by Gourav Pratap Singh

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 Stock jumps 10% after receiving ₹164 Cr orders from Northeast Frontier Railway appeared first on Trade Brains.