Globe Civil Projects Secures Rs. 222.20 Cr Order for Construction of International Cricket Stadium in Haryana

Globe Civil Projects Limited, (NSE - GLOBECIVIL | BSE - 544424), Globe Civil Projects Limited has received a significant order from the Haryana Cricket Association, Bhiwani, for the construction of an International Cricket Stadium at Lohat, District Jhajjar, Haryana. The value of the contract stands at Rs. 222.20 Cr, with a stipulated completion period of 24 months.

The scope of work includes the execution of the stadium project on BOQ basis, reflecting the company's role in developing major infrastructure facilities in the region.

The latest contract highlights the continued confidence placed by institutions in the company's execution capabilities. The addition of this project further strengthens the company's order book and supports its presence in large-scale assignments across the country.

On the receipt of the order, Mr. Ved Prakash Khurana, Chairman and Whole-time Director of Globe Civil Projects Limited said, "Securing this 3222 Cr order from the Haryana Cricket Association for the construction of an International Cricket Stadium at Lohat, Jhajjar, is an important milestone for the company. The project marks our entry into the sports infrastructure segment and reflects the confidence of our stakeholders in our ability to deliver large-scale assignments with precision and reliability. We view this development as an opportunity to contribute to the state's sporting ecosystem by creating a facility of long-term relevance and value.

Our teams are fully prepared to execute the project within the stipulated 24-month timeline. Leveraging our multidisciplinary expertise across civil works, structural engineering, and project management, we will ensure seamless execution from start to finish. We remain committed to maintaining the highest benchmarks of quality, safety, and operational efficiency throughout the project cycle. This assignment further underscores the company's philosophy of building enduring infrastructure that supports progress, community development, and national aspirations."

Shares of Globe Civil Projects Limited was last trading in BSE at Rs. 78.65 as compared to the previous close of Rs. 78.47. The total number of shares traded during the day was 41112 in over 502 trades.

The stock hit an intraday high of Rs. 79.56 and intraday low of 78.20. The net turnover during the day was Rs. 3246192.00.

Source : Equity Bulls

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