DMR Hydroengineering receives order of Rs1.08 crore; Stock under pressure

27 Sep 2022 , 10:04 AM

DMR Hydroengineering & Infrastructures Limited stocks in focus as the company received major contract order.

According to the filing, the company has received a work order for providing consultancy services for Detail Designing of Road Tunnel Project works in the state of Chhattisgarh on September 26, 2022.

The work order will be for a period of 24 months for an aggregate amount of Rs1.08 crore plus applicable taxes only, the company said in a regulatory filing on Monday.

On Tuesday, at around 10:05 AM, DMR Hydroengineering was trading at Rs28 per share lower by 0.71% on the BSE. Previously, the scrip closed at Rs28.20 per share on the BSE.

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