Synopsis : Garuda Construction and Engineering Limited has secured a work order worth Rs.1,416 crores from Sumer Corporation for the development and construction of a premium residential project in Mumbai.

The shares of a small-cap company engaged in providing complete civil construction services for residential, commercial, mixed-use, infrastructure, and industrial projects gained momentum after securing orders worth Rs.1,416 crores.

With a market capitalization of Rs.2,203.69 crores, the shares of Garuda Construction and Engineering Limited were trading at Rs.236.85 up by 5.09 percent from its previous day’s closing price of Rs.225.

Work Order

Garuda Construction and Engineering Limited has won a work order worth Rs.1,416 crore from Sumer Corporation. The project involves the d

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