Bharat Global Developers Ltd completes Rs. 120 Crore Reliance Industries Limited Order

Bharat Global Developers Ltd. (BGDL) has successfully completed the Rs. 120 crore Fluidized Catalytic Cracker (FCC) project for Reliance Industries Ltd. This achievement underscores BGDL's commitment to delivering large scale, highvalue infrastructure projects with precision, quality, and adherence to timelines.

The FCC unit, which is a pivotal component of Reliance Industries' refinery operations, was designed and constructed to meet the highest operational and environmental standards. The project highlights BGDL's engineering excellence and ability to execute complex industrial infrastructure projects seamlessly, aligning with global best practices.

The successful completion of this project strengthens our longstanding relationship with Reliance Industries and reinforces BGDL's reputation as a reliable partner for executing high value contracts in the industrial and infrastructure sectors. This accomplishment is a testament to the expertise and dedication of our team and reflects BGDL's capability to consistently deliver on its commitments before time.

The revenue from this project has already been accounted for in the Company's financial, contributing positively to our recent quarterly performance. With this milestone achieved, BGDL continues to focus on executing other key projects within its robust order book, valued at over Rs. 1,500 crores. These include the Tata Agro annual supply contract, the McCain India AgriTech project, and Dubai subsidiary orders for precious metals and stones.

BGDL remains steadfast in its commitment to operational excellence, transparency, and creating long term value for all its stakeholders. We are optimistic about our growth trajectory and will continue to update the Exchange on significant developments in line with regulatory requirements.

Shares of Bharat Global Developers Limited was last trading in BSE at Rs. 1242.65 as compared to the previous close of Rs. 1183.50. The total number of shares traded during the day was 322738 in over 12464 trades.

The stock hit an intraday high of Rs. 1242.65 and intraday low of 1240.05. The net turnover during the day was Rs. 400925256.00.

Source : Equity Bulls

Keywords

BharatGlobalDevelopers INE893C01032 ComputersHardware BGDL ProjectCompletion RelianceIndustries