Rs 54.92 lakh Letter of Acceptance received by this consultancy company!

The company received a Letter of Acceptance from Bihar State Road Development Corporation.

About the Letter of Acceptance  

Dhruv Consultancy Services has received the Letter of Acceptance (LoA) for the consultancy services for the feasibility study and preparation of a detailed project report for Chhapra-Manjhi-Darauli-Guthani Road, ‘Package-6’ from the office of the Chief General Manager, Bihar State Road Development Corporation (A Govt of Bihar Undertaking) (the Authority) dated April 25, 2023, as received by the company i.e., Dhruv Consultancy Services JV with Global Infra Solution. The contract amount is Rs 54.92 lakh inclusive of all taxes and GST. The contract period will be 6 months. 

Share price moment 

Dhruv Consultancy Services is currently trading at Rs 51.90, up by 1.92 points or 3.84% from its previous closing of Rs 49.98 on the BSE. 

The scrip opened at Rs 50.75 and touched a high and low of Rs 51.95 and Rs 50.75 respectively. 

The BSE group 'B' stock of face value of Rs 10 has touched a 52-week high of Rs 72.50 and a 52-week low of Rs 40. 

The promoters holding in the company stood at 64.07%, while Institutions and Non-Institutions held 0.05% and 35.89%, respectively. 

Company profile 

The company was originally incorporated as Dhruv Consultancy Services Private Limited on August 26, 2003, with the Assistant Registrar of Companies, Mumbai, Maharashtra, under the provisions of the Companies Act, 1956. Subsequently, the company was converted into a public limited company pursuant to a special resolution passed by its Shareholders at the extraordinary general meeting held on January 10, 2018 and the name of the company was changed to “Dhruv Consultancy Services Limited. 

The company is an infrastructure consultancy company providing design, engineering, procurement, construction and integrated project management services for Highways, Bridges, Tunnels, Architectural, Environmental Engineering and Ports. The company’s services include Preparation of DPR and feasibility studies for infrastructure projects, Operations & Maintenance Works, Project Management Consultancy Services, Independent Consultancy, Project Planning, Designing, Estimation, Traffic and Transportation Engineering, Financial Analysis, Technical audits, Structural Audit, Inspection of bridges and Techno Legal Services.