Big news from the construction sector! Globe Civil Projects Limited (NSE: GLOBECIVIL) has just hit a six, announcing a significant new order win. 🏏
The company has bagged a Letter of Award for the ‘Construction of International Cricket Stadium at Lohat, Jhajjar, Haryana.’ This impressive project, valued at a whopping Rs 222.20 Crores (that’s Rs 2,22,19,78,844/- to be precise!), comes from the Haryana Cricket Association, Bhiwani.
The scope of work is clear: building a state-of-the-art international cricket stadium. And the timeline? The project is set to be completed within 24 months. That’s two years to bring this sporting dream to life! 🏗️
For Globe Civil Projects, this order is a fantastic addition to their portfolio, showcasing their expertise in large-scale infrastructure development. Such significant wins provide strong revenue visibility and reinforce the company’s position in the civil construction space. It’s a testament to the company’s capabilities and a positive indicator for its growth trajectory.
Keep an eye on GLOBECIVIL as they embark on this exciting new chapter of building India’s sporting infrastructure!
source: Corporate Announcement