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Stock under ₹20 hits 5% upper circuit after receiving ₹458 Cr order from Govt of Kerala

Alex Smith

Alex Smith

1 week ago

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Stock under ₹20 hits 5% upper circuit after receiving ₹458 Cr order from Govt of Kerala

Synopsis: Consolidated Construction Consortium Ltd gains after securing ₹458 crore in new orders, including a ₹432 crore Kerala government project, and the remaining ₹26 crore comprises domestic B&F orders, to be completed by FY 2028–29.

The shares of a Micro-Cap company, specialising in turnkey construction services, offering integrated solutions from design, engineering, and procurement to project management and execution, hit a 5 percent upper circuit after receiving multiple construction orders worth Rs. 458 Crores from the Government of Kerala.

With a market capitalization of Rs. 843.48 crores on Monday, the shares of Consolidated Construction Consortium Ltd hit a 5 percent upper circuit, making a high of Rs. 18.88 per share compared to its previous closing price of Rs. 17.99 per share.

What Happened 

Consolidated Construction Consortium Ltd, engaged in turnkey construction services, offering integrated solutions from design, engineering, and procurement to project management and execution, has informed the stock exchanges that it has secured new construction orders aggregating to Rs. 458 crore.

The major order includes a Rs. 432 crore contract from the Government of Kerala for the construction of an iconic commercial building at Trivandrum under the Heavy Civil and Special Projects division. 

In addition, the Company has received Rs. 26 crore worth of orders under its Buildings & Factories (B&F) division between 25 November 2025 and 12 December 2025. These domestic orders, spread across various locations in India, involve BOQ-based item rate contracts covering the construction of approximately 11 lakh square feet of buildings and factories, and are scheduled to be executed by FY 2028–29.

Financial & Others

The company’s revenue rose by 16.65 percent from Rs. 56.63 crore to Rs. 66.06 crore in Q2FY25-26. Meanwhile, Net profit from Rs. 46.08 crores turned to a loss of Rs. 0.43 crores during the same period.

Consolidated Construction Consortium Ltd is an Indian turnkey construction service provider established in 1997, offering integrated design, engineering, procurement, and project management for diverse sectors like commercial, residential, and infrastructure, known for specialized works in pre-cast, pre-engineered, and shell structures, with in-house M&E, IT (Yuga Design), and building product divisions (RMC, blocks), focused on quality and technology to deliver complex projects across India. 

Over the subsequent years, the company has executed more than 950 projects, comprising 294 industrial projects, 425 commercial projects, 7 airports, 84 residential projects, and several others across various sectors. These projects span 21 states and Union Territories across India, with an aggregate built-up area exceeding 140 million square feet.

The company has a set of marquee clients, including BEL, BSNL, Infosys, Apollo, Foxconn, Ashok Leyland, Mahindra, AIIMS, Nestlé, Toyota Kirloskar, Samsung, Ascendes, Tata, HCL, and others.

Written by Sridhar J 

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