Latest news with #DeepakBuilders
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Business Standard
15 hours ago
- Business
- Business Standard
Here's why Deepak Builders and Engineers India share is buzzing today
Deepak Builders and Engineers India share price: Deepak Builders and Engineers India (Deepak Builders) share price was in demand on Thursday, June 26, 2025, with the stock rallying up to 6.50 per cent to hit an intraday high of ₹151.40 per share. Around 1:40 PM, Deepak Builders share price was off day's high but continued to trade higher, up 3.52 per cent at ₹147.15 per share. By comparison, BSE Sensex was trading 0.68 per cent higher at 83,318.37 levels. Why were Deepak Builders shares buzzing today? Deepak Builders share price rose after the company announced that it has bagged an order worth ₹142.60 crore, including GST. Without GST, the order value stood at ₹120.85 crore. In an exchange filing, Deepak Builders said, 'We wish to inform you that the company has received Letter of Acceptance from HSIIDC, for the work of Planning, Design, Engineering, Procurement and Construction of Unity Mall including all other works contingent thereto on EPC mode basis at Sector-37, HSIIDC IE Karnal (Haryana), for construction cost of the project of ₹120.85 crore (excluding GST) and ₹142.60 crore (with GST).' Under the terms of the order, Deepak Builders will be responsible for the planning, design, engineering, procurement and construction of Unity Mall including all other works contingent thereto on EPC mode basis, from HSIIDC Industrial Estate, Karnal. The company is expected to complete the project within 24 months (2 years) from the commencement date. This will be followed by a 36-month defect liability period and a 12-month operation and maintenance (O&M) phase. At the beginning of the month, the Board of Directors of the company recommended final dividend of ₹1 per share on the equity shares of the company (i.e. dividend at 10 per cent per equity share having face value of ₹10 each), for the financial year 2024-25, subject to approval of the shareholders of the company at the ensuing Annual General Meeting. Deepak Builders Q4 results Deepak Builders posted a revenue of ₹224.3 crore in the March quarter of financial year 2025 (Q4FY25), as against ₹188.93 crore in the March quarter of financial year 2024 (Q4FY24). However, the company's profit dropped to ₹11.19 crore in Q4FY25, from ₹33.82 crore in Q4FY24. Track Stock Market LIVE Updates Deepak Builders IPO listing Deepak Builders share made a muted D-Street debut. On the BSE, the stock debuted at ₹198.50, marking a 2.2 per cent discount to its IPO issue price of ₹203. Likewise, on the NSE, the shares opened at ₹200, down ₹3 or 1.4 per cent from the issue price. About Deepak Builders Deepak Builders and Engineers India is among prominent integrated engineering and construction firms, known for its expertise across a wide range of segments. The company specialises in the construction of administrative buildings, institutional and healthcare facilities, industrial and residential projects, as well as historical monuments, stadiums, and sports complexes. Deepak Builders and Engineers also provides comprehensive end-to-end execution and construction services for a variety of infrastructure and development projects. The market capitalisation of Deepak Builders is 685.44 crore, BSE data showed. The company falls under the BSE IPO index.
Business Upturn
16 hours ago
- Business
- Business Upturn
Deepak Builders secures Rs 142.6 crore Unity Mall project in Karnal
By Aman Shukla Published on June 26, 2025, 12:23 IST Deepak Builders has officially received the Letter of Acceptance (LoA) from the Haryana State Industrial & Infrastructure Development Corporation (HSIIDC) for the construction of Unity Mall at Sector-37, HSIIDC Industrial Estate, Karnal. This development follows the company's earlier announcement on June 3, 2025, where it emerged as the L1 (lowest) bidder for the Engineering, Procurement, and Construction (EPC) contract. The project includes comprehensive planning, design, engineering, procurement, and construction work, along with all other related components. The total construction cost of the project is pegged at ₹142.60 crore (including GST), while the base contract value stands at ₹120.85 crore (excluding GST). The Unity Mall project is expected to be completed within 24 months from the date of commencement. Additionally, there will be a 36-month defect liability period and a 12-month operations and maintenance (O&M) phase thereafter. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Upturn
03-06-2025
- Business
- Business Upturn
Deepak Builders secures orders worth over Rs 260 crore
Deepak Builders has been selected as the L1 bidder for the Planning, Design, Engineering, Procurement, and Construction (EPC) of Unity Mall located in the HSIIDC Industrial Estate, Karnal. The project has a bid value of Rs. 120.85 crores excluding GST and Rs. 142.60 crores inclusive of GST. The contract awarded by the HSIIDC Industrial Estate Authority includes all related works necessary for the completion of Unity Mall. The total duration allotted for the project completion is 24 months. Advertisement This project involves comprehensive EPC responsibilities, encompassing all stages from initial planning and design to procurement and construction, ensuring streamlined execution under a single contract.
