Dhruv Consultancy Services Limited rose 1.33% after it received a letter of award (LOA) to provide consultancy services for independent engineer services for the operation and maintenance phase of the four-laning project on the Sangli-Solapur stretch. Maharashtra National Highway 166 (NH-166). This LOA is issued by the Office of the Chief General Manager and Regional Officer, National Highways Authority of India (NHAI), Mumbai.
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The winning project has a total length of 194.644 kilometers. 182/556 to km. 378/100, to be executed under hybrid annuity mode in Maharashtra. The total contract value is set at 9.9 billion rupees (excluding GST), with a contract period of more than 60 months.
Shares were trading 1.33% higher at Rs 57 as of 3.22 pm on the Bombay Stock Exchange.
