
Ramky Infrastructure Ltd. surged 8% on September 19, 2025, following news of a ₹2,085 crore Hybrid Annuity Model (HAM) contract awarded by the Hyderabad Metropolitan Water Supply and Sewerage Board. This development significantly boosts the company’s order book and reflects its operational strength in infrastructure delivery.
On September 19, 2025, Ramky Infrastructure announced it had received a ₹2,085 crore contract under the prestigious Mallannasagar Water Supply scheme. The project involves Phase II and Phase III of the Godavari Drinking Water Supply Scheme. It will enhance Hyderabad’s water infrastructure by routing Godavari river water into the Osmansagar and Himayathsagar reservoirs to rejuvenate the Musi River.
The project is structured under the Hybrid Annuity Model, requiring 2 years for construction followed by 10 years of operations and maintenance. This model ensures both execution revenues and long-term income for the company.
Following the new contract, Ramky Infra’s total order book has risen to ₹7,650 crore as of June 30, 2025. This newly awarded ₹2,085 crore contract alone forms approximately 27% of the current order book. It represents nearly 50% of the company’s market capitalisation, which stood at ₹4,240.44 crore on the same day, showing the significance of this win.
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On September 19, 2025, Ramky Infrastructure share price opened at ₹621.40 on NSE, above the previous close of ₹587.30. During the day, it surged to ₹633.00 and dipped to ₹602.55. The stock is trading at ₹605.20 as of 1:25 PM. The stock registered a significant gain of 3.05%.
Over the past week, it has moved up by 3.36%, over the past month, it has moved up by 0.19%, and over the past 3 months, it has moved up by 17.69%.
Ramky Infra’s receipt of the ₹2,085 crore HAM project marks a major milestone, contributing significantly to its ₹7,650 crore order book. The stock’s 8% rise reflects market confidence in the company’s capabilities and prospects amidst increasing infrastructure investments.
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Published on: Sep 19, 2025, 2:44 PM IST

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