Vishnu Prakash R Punglia Share Price Surges Over 4% on ₹77.9 Crore Order from Jaipur Development Authority

Vishnu Prakash R Punglia Limited (VPRPL), a prominent ISO 9001:2015 certified engineering, contracting, and design firm, has secured a substantial infrastructure project from the Jaipur Development Authority. The company officially announced this on July 12, 2025, following the receipt of a Letter of Acceptance. The awarded project aims to enhance connectivity and infrastructure in Jaipur through the construction of a new Road Over Bridge.

Letter of Acceptance from Jaipur Development Authority

The company has received a Letter of Acceptance dated July 12, 2025, from Jaipur Development Authority for the construction of a Road Over Bridge at LC-67(A) Saligrampura Phatak, located between km 107/5 and 107/6 on the Jaipur–Sawai Madhopur (JP–SWM) railway line in Zone-14 of JDA, Jaipur. This assignment is in the normal course of business for the company. VPRPL confirmed that the work order has been formally issued and recorded.

Project Value and Compliance Details

The total value of the project stands at ₹77.915 crores. It is a domestic contract and does not involve any promoter, promoter group, or group company interests. The company also clarified that the transaction does not fall under related party arrangements and is being undertaken independently at arm's length.

Read More: DLF Finalised Record Date as July 28 for Final Dividend of ₹6!

Vishnu Prakash R Punglia Share Price Performance 

As of July 14, 2025, at 10:58 AM, Vishnu Prakash R Punglia share price is trading at ₹168.99 per share, reflecting a surge of 4.87%.

Conclusion

This new contract further strengthens Vishnu Prakash R Punglia Limited’s presence in the public infrastructure sector. It demonstrates the company’s consistent ability to win high-value government projects and reinforces its commitment to contributing to India's infrastructure development.

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