+
Om Infra Gains Five Per Cent After Rs 5,689.8 Million Contract Win
ECONOMY & POLICY

Om Infra Gains Five Per Cent After Rs 5,689.8 Million Contract Win

Om Infra shares rose by five per cent in early trade on July 28 after the company emerged as the lowest bidder for a Rs 568.98 crore contract from the Water Resources Department, Chhattisgarh. The contract, for the construction of the Mohmela Sirpur Barrage Project on the Mahanadi River and an associated pipe irrigation network with five years of operation and maintenance in Raipur district, is worth Rs 5,689.8 million (mn). The market reaction pushed the stock higher as investors priced in the new order.

At 10:04 am the stock was quoted at Rs 91.40, up Rs 4.40, or about five per cent, on the BSE. In the previous trading session the share had closed at Rs 87, up 0.02 per cent or Rs 0.02. The share recorded a 52-week high of Rs 143.60 on 23 September, 2025 and a 52-week low of Rs 71.72 on 28 January, 2026.

On July 17 the company had been announced as the lowest bidder for a Rs 482.27 crore engineering, procurement and construction turnkey contract from the Water Resource Department, Rajasthan for the Andheri Medium Irrigation Project in Baran district. That order, covering dam construction and a pressurised irrigation network, converts to Rs 4,822.7 mn. The successive contract wins underline the firm’s focus on irrigation infrastructure orders in the central and western regions.

The stock is trading some distance from its peak, around 36.35 per cent below its 52-week high and about 27.44 per cent above its 52-week low. The company’s market capitalisation stands at Rs 8,802.2 mn. Analysts and market participants will watch tender execution and order inflows as key drivers for near-term performance.

Om Infra shares rose by five per cent in early trade on July 28 after the company emerged as the lowest bidder for a Rs 568.98 crore contract from the Water Resources Department, Chhattisgarh. The contract, for the construction of the Mohmela Sirpur Barrage Project on the Mahanadi River and an associated pipe irrigation network with five years of operation and maintenance in Raipur district, is worth Rs 5,689.8 million (mn). The market reaction pushed the stock higher as investors priced in the new order. At 10:04 am the stock was quoted at Rs 91.40, up Rs 4.40, or about five per cent, on the BSE. In the previous trading session the share had closed at Rs 87, up 0.02 per cent or Rs 0.02. The share recorded a 52-week high of Rs 143.60 on 23 September, 2025 and a 52-week low of Rs 71.72 on 28 January, 2026. On July 17 the company had been announced as the lowest bidder for a Rs 482.27 crore engineering, procurement and construction turnkey contract from the Water Resource Department, Rajasthan for the Andheri Medium Irrigation Project in Baran district. That order, covering dam construction and a pressurised irrigation network, converts to Rs 4,822.7 mn. The successive contract wins underline the firm’s focus on irrigation infrastructure orders in the central and western regions. The stock is trading some distance from its peak, around 36.35 per cent below its 52-week high and about 27.44 per cent above its 52-week low. The company’s market capitalisation stands at Rs 8,802.2 mn. Analysts and market participants will watch tender execution and order inflows as key drivers for near-term performance.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Emiza Expands Bhiwandi Fulfilment Capacity by 2.32 Lakh Sq Ft

Emiza, a leading third-party logistics (3PL) provider, has expanded its Mumbai operations with the launch of two new fulfilment facilities in Bhiwandi, adding a combined capacity of 2.32 lakh sq ft to its network.The new facilities, spread across 75,000 sq ft and 1,57,000 sq ft, mark Emiza’s fifth and sixth warehouses in the Mumbai region. The expansion strengthens the company’s fulfilment infrastructure in Western India amid the rapid growth of India’s digital commerce ecosystem.With increasing online consumption, wider product categories and rising customer expectations for faster deli..

Next Story
Infrastructure Urban

Ingersoll Rand Showcases Air Solutions for Semiconductor Sector

Ingersoll Rand will showcase its advanced compressed air solutions for India’s growing semiconductor ecosystem at SEMICON India 2026, scheduled from September 17–19 at Yashobhoomi, New Delhi.The company will display its portfolio of oil-free compressors, centrifugal compression technologies and advanced air treatment systems at Stall No. 1156, Hall No. 1. The solutions are designed to address the stringent air quality, reliability and efficiency requirements of semiconductor manufacturing applications.With India accelerating investments across semiconductor manufacturing, packaging, equipm..

Next Story
Infrastructure Energy

RECPDCL Transfers Musalgaon Transmission SPV to MSETCL

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has handed over Musalgaon Power Transmission Limited, a project-specific Special Purpose Vehicle (SPV), to Maharashtra State Electricity Transmission Company Limited (MSETCL).MSETCL emerged as the successful bidder through the Tariff-Based Competitive Bidding (TBCB) process conducted by RECPDCL, the Bid Process Coordinator, for developing Maharashtra’s intra-state transmission project on a Build, Own, Operate and Transfer (BOOT) basis.The SPV was handed over by Shri Ratnesh Kumar, General Manag..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code