DMR Engineering Secures ₹1.80 Crore Order for Bhutan Hydropower Project
DMR Engineering Limited has secured a ₹1.80 crore contract for consulting services on the Wangchhu Hydropower Project in Bhutan. This engagement underscores the company's expansion in hydropower engineering services and highlights opportunities in the renewable energy sector.
Theia Market Signal Identification - AI AssistedDMR Engineering Limited has obtained a work order valued at ₹1.80 crore for consulting services related to the design and engineering of a diversion tunnel for the 570MW Wangchhu Hydropower Project in Bhutan. The contract is set for a duration of 8 months, with the total amount being ₹1,80,07,875, excluding taxes.
The company's shares traded at ₹35.92 on BSE, down from a previous close of ₹44.73, with a trading volume of 56,550 shares. The stock recorded an intraday high of ₹38.30 and a low of ₹35.79, with a net turnover of ₹2,073,006. This order could enhance DMR's market position amid rising demand for renewable energy infrastructure.
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