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Globe Civil Projects Share Price Surges as it Bags ₹222.20 Crore Order for International Cricket Stadium in Haryana

Written by: Team Angel OneUpdated on: 20 Aug 2025, 3:28 pm IST
Globe Civil Projects share price surges as it secures ₹222.20 crore order from Haryana Cricket Association to build an International Cricket Stadium in Lohat, Jhajjar.
Globe Civil Projects Share Price Surges as it Bags ₹222.20 Crore Order for International Cricket Stadium in Haryana
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Globe Civil Projects Limited has received an order valued at ₹222.20 crore from the Haryana Cricket Association, Bhiwani. The contract involves the construction of an International Cricket Stadium at Lohat in Jhajjar district, Haryana. The award was announced on August 19, 2025, and has been placed on a Bill of Quantities (BOQ) basis.

Project Timeline and Scope

As per the filing, the project is scheduled for completion within 24 months. It covers the full execution of the stadium construction, including all civil and structural work required to deliver the facility. The scope also reflects the company’s involvement in large-scale infrastructure assignments across the country.

Statement from Management

As per exchange filings, Mr. Ved Prakash Khurana, Chairman and Whole-time Director of Globe Civil Projects Limited, stated, “Securing this ₹222 Crore order from the Haryana Cricket Association for the construction of an International Cricket Stadium at Lohat, Jhajjar, is an important milestone for the company. The project marks our entry into the sports infrastructure segment and reflects the confidence of our stakeholders in our ability to deliver large-scale assignments with precision and reliability. We view this development as an opportunity to contribute to the state’s sporting ecosystem by creating a facility of long-term relevance and value.” 

About Globe Civil Projects 

Globe Civil Projects Limited is headquartered in New Delhi and operates as an integrated engineering, procurement, and construction (EPC) company. It has a presence in eleven states and a track record in transport and logistics projects, social and commercial buildings, and premium residential developments. The company also undertakes specialised assignments such as railway bridges, elevated railway terminals, airport facilities, and hospitals.

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Globe Civil Projects Share Price Performance 

As of August 20, 2025, 9:53 AM, Globe Civil Projects share price was trading at ₹80.10, a 1.92% increase from the previous close price.

Conclusion

The ₹222.20 crore contract for the International Cricket Stadium in Lohat adds to Globe Civil Projects’ order book. The project will be developed over a 2-year period under the terms agreed with the Haryana Cricket Association.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Aug 20, 2025, 9:58 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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