20 May 2025

GTV Engineering Shares Gain After Securing L&T Order Worth RS. 32.21 Crore

GTV Engineering is currently trading at RS. 838.00, up by 11.90 points or 1.44% from its previous close of RS. 826.10 on the BSE.

The stock opened at RS. 845.00 and touched an intraday high and low of RS. 845.00 and RS. 837.00 respectively, with 188 shares traded so far.

Classified under BSE group 'X', the stock with a face value of RS. 10 has reached a 52-week high of RS. 847.75 on May 19, 2025, and a 52-week low of RS. 395.00 on August 12, 2024. In the last week, it recorded a high of RS. 847.75 and a low of RS. 719.90. The company's market capitalization currently stands at RS. 258.06 crore.

The promoter shareholding in the company is 64.44%, while non-institutional investors hold the remaining 35.56%.

GTV Engineering has bagged a significant order from Larsen & Toubro for the supply of all Lower and Middle Fabricated Housings required for NTPC’s Gadarwara (3200MW) and Nabinagar (1000MW) Thermal Power Projects. The project is to be completed within 18 months, adhering to all technical specifications and terms outlined in the purchase order. The total contract value is RS. 32.21 crore, excluding GST.

GTV Engineering specializes in hi-tech heavy steel fabrication and machining, operating as a subcontractor for major engineering firms and executing several key infrastructure projects across power, mineral, cement, railways, and metro sectors.