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
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code