Valplast Technologies Fall 10% After Bagging Rs12.96 Cr Specialized Tunnel Project from Mosh Varaya
India, Aug. 18 -- India's infrastructure expansion is increasingly moving beyond roads and bridges into more technically demanding underground projects, creating a specialised opportunity for companies capable of rehabilitating ageing and deteriorating tunnels.
Shares of Valplast Technologies Limited closed at Rs 36, down 10 percent from the previous close of Rs 40. The stock opened at an intraday high of Rs 39, and so far the stock has made a day low of Rs 34.99. The company currently has a market capitalisation of Rs 70.66 crore.
Contract Details
The latest contract is valued at Rs. 12.96 crore and has been awarded by Mosh Varaya Infraprojects Private Limited. According to the company's filing, the order is domestic and carries an ex...
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