Garuda Construction Share Price Jumps Over 8% On Securing ₹231 Crore Contract

Garuda Construction and Engineering Limited has secured a significant work order valued at approximately ₹231 crore. The contract pertains to the construction of a rehabilitation building covering around 6.17 lakh square feet in Chandivali, Mumbai. The project is scheduled for completion within a period of 3 years.

Impact on Order Book and About the Company

Following this contract, Garuda Construction and Engineering Limited’s total order book has risen to approximately ₹3,460.78 crore as of the current date. This addition reflects the company’s growing portfolio and strengthened presence in the infrastructure sector.

Garuda Construction and Engineering, based in Mumbai, is a civil construction company handling residential, commercial, industrial, and infrastructure projects across India. It also provides mechanical, electrical, plumbing, and finishing services, showcasing its strong presence in the construction sector.

Recent Developments

Garuda Construction and Engineering Limited has announced the receipt of a significant work order valued at approximately ₹143.96 crores from Orbit Ventures Developers for the civil works of the 'Shikhar-B' redevelopment project in Oshiwara, Mumbai. 

This domestic EPC agreement, which is to be executed over 36 months, brings the company’s total order book to approximately ₹3,229.78 crores, which further increased to ₹3,460 crores by this new order of ₹231 crore.

Read More: Garuda Construction Secured ₹143.96 Crore Order for Redevelopment Project in Mumbai!

Garuda Construction Share Price Performance 

As of October 23, 2025, at 12:17 PM, the Garuda Construction share price is trading at ₹217.16 per share, reflecting a surge of 8.06% from the previous closing price. Over the past month, the stock has surged by 8.28%. The stock's 52-week high stands at ₹229.99 per share, while its low is ₹77.05 per share.

Conclusion

This significant contract substantially strengthens Garuda's order book, demonstrating robust growth and execution capabilities in the infrastructure sector. It reinforces the company's market position and is expected to contribute positively to its future revenue and performance over the next 3 years.

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