LCC Projects rises on ₹703 crore Gujarat water order
In short
LCC Projects shares rose for the sixth day in a row after it won a ₹703 crore contract in Gujarat. The work covers water supply infrastructure in Bharuch and Vadodara districts. It has to finish construction in 18 months and then run and maintain the system for 10 years.
This matters because it adds a large order to the company’s business. The exact margin, funding, and execution risks were not stated in the available reporting.
What the reporting says
LCC Projects shares gained for a sixth straight session after the company won a ₹703 crore EPC contract from the Gujarat Water Supply and Sewerage Board. The reported project covers water supply infrastructure across Bharuch and Vadodara districts, with completion due in 18 months and operations and maintenance for 10 years. The immediate market reaction was positive, while contract execution details beyond the summary are not stated.
Why it matters
LCC Projects gained after securing a ₹703 crore EPC contract from the Gujarat Water Supply and Sewerage Board. The project covers water supply infrastructure in Bharuch and Vadodara districts, with an 18-month construction period and 10 years of operation and maintenance. The market viewed the order positively, but the reporting does not state profit impact, financing terms, or whether the contract is already signed in a primary filing.