Ramky Infrastructure Secures ₹215 Crore Contract from HMWSSB

Ramky Infrastructure Limited has announced the receipt of a Letter of Acceptance (LoA) for a significant ₹215.08 crore project from the Hyderabad Metropolitan Water Supply and Sewerage Board (HMWSSB). The contract highlights the company’s continued focus on the water and wastewater management sector.

Key Details of the Project

The awarded project involves the manning, operation and maintenance of sewage treatment plants (STPs) and associated interception and diversion systems within the jurisdiction of HMWSSB. This contract spans five years and aims to optimise the management of wastewater systems in the Hyderabad region. The project is valued at ₹215.08 crore, exclusive of taxes.

Ramky Infrastructure confirmed that this project is classified as a domestic contract under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, the company clarified that the contract does not involve any related party transactions.

About Ramky Infrastructure

Ramky Infrastructure Limited, an Indian integrated construction and infrastructure company, operates through 2 key segments: Construction and Developer businesses. The Construction segment focuses on engineering, procurement, and construction (EPC) contracts, delivering comprehensive infrastructure solutions. Meanwhile, the Developer segment oversees infrastructure development and management projects, showcasing the company’s expertise in creating and maintaining large-scale developments across various sectors.

Ramky Infrastructure Share Performance

As of December 26, 2024, 11:34 AM, the shares of Ramky Infrastructure are trading at ₹619.20 per share with a surge of 2.69% from its previous day’s closing price. Over the last month, the stock has seen a surge of 11.50%. While over the year the stock has declined by 21.46% the stock has a 52-week high and 52-week low of ₹1009.05 per share and ₹426.75 per share respectively.

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