Infra stock hits 5% upper circuit after receiving ₹18 Cr order for warehouse construction

The shares of a prominent construction company hit 5 percent upper circuit after the company bagged a prestigious work order from Swiftstack Warehousing Solutions Pvt. Ltd for 17.73 crore.

Price movement

With a market capitalization of Rs 49.91 crore, the shares of NACDAC Infrastructure Ltd were trading at Rs 47.42 per share, increasing around 4.98 percent as compared to the previous closing price of Rs 45.17 apiece.

Reason for rise

The company’s shares have seen positive movement after NACDAC Infrastructure Ltd bagged a prestigious work order from Swiftstack Warehousing Solutions Pvt. Ltd for “Construction of Warehouse at Village Hawal, Block Dhaulana, District Hapur, U.P, for consideration of Rs 17.73 crore.

Financial performance

The company’s revenue soared 200%, rising from Rs 11.72 crore in  FY22-23 to Rs 36.19 crore in  FY23-24 while net profit zoomed by 466%, growing from Rs 0.56 crore to Rs 3.17 crore during the same period, reflecting strong financial performance and continued business growth.

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Previous Orders

On January 21, 2025, the company secured multiple prestigious contracts across India, including the Barmalt Project in Gurugram from Birla Estates Pvt. Ltd., HRT/TRT work in Uttarakhand from CP Systems Pvt. Ltd., and an office renovation contract in Rohini, Delhi, from Gurukul Taxila Pvt. Ltd.

NACDAC will offer technical and engineering support at Minda Instruments Limited’s Pune plant, strengthening its expertise in construction and engineering. These projects enhance NACDAC’s market presence, demonstrating its commitment to quality, innovation, and sustained growth in the industry.

Market Presence

The company has completed 45 projects, earning a strong industry reputation. With Class A contractor registration and ISO certification, it ensures high standards. The company aims to be among India’s top three infrastructure firms in five years, focusing on quality and strategic growth.

Company Profile

NACDAC Infrastructure is a construction company that offers various civil and structural services. The company focuses on building multi-story structures, performing electrical works (both low and high tension), steel structure construction, and building bridges, including foot overbridges (FOBs) and road overbridges (ROBs).

Written by Abhishek Singh

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