Niraj Cement Structurals’ Surge Analyzed
Niraj Cement Structurals’ stock price jumped significantly – 5.58% – reaching Rs 38.77. This rise happened because the company won a major contract. The public works department (PWD) gave them a project worth Rs 130.83 crore.
Key Points
- Big contract win boosts Niraj Cement’s stock price.
- Rs 130.83 crore project secures their future growth.
- Project covers 26.803 km of road in Assam.
- 36 months to complete the project’s construction.
- No related-party connections impact the contract’s value.
- Company’s market value now stands at Rs 231.43 crore.
The specific project involves improving and maintaining Road A21_3. This road stretches 26.803 kilometers, starting from Hamren and ending at the Karkok district border. It’s a large undertaking for the company.
The contract will take 36 months to finish. Niraj Cement Structurals says that the people who own and control the company aren’t connected to the company that gave them the contract. This is important because it means the deal is fair and transparent.
As of December 17, 2025, Niraj Cement Structurals has a market value of Rs 231.43 crore. Their financial performance is also strong, with a 124.7% increase in net profit and a 24.4% increase in revenue in the most recent quarter.
“This significant contract win signals a strong future for Niraj Cement Structurals and solidifies its position in the infrastructural services sector.”
