Niraj Cement Structurals Secures Multiple Contracts Worth Over ₹246 Crore
Niraj Cement Structurals Limited (NCSL) has secured multiple infrastructure contracts. These include a ₹19.57 crore contract from the Municipal Corporation of Greater Mumbai for reconstructing approaches at Sion Railway Station ROB, and a ₹50.50 crore contract from the Ministry of Road Transport and Highways for constructing the Mandvi Bypass road in Gujarat. The latter involves a 6.1 km stretch on NH-41 under the EPC mode, to be completed in 18 months. These contracts align with government efforts to enhance road connectivity and urban infrastructure.

*this image is generated using AI for illustrative purposes only.
Niraj Cement Structurals Limited (NCSL) has announced significant developments in its infrastructure portfolio, securing multiple contracts worth over ₹246 crore.
Latest Contracts
NCSL has secured a new work order worth ₹19.57 crore, including GST, from the Municipal Corporation of Greater Mumbai (MCGM). This contract is for the reconstruction of approaches at Sion Railway Station ROB at km 12.995. The domestic infrastructure project is to be executed within 18 months, representing a significant win for the cement and construction company.
Prior to this, the company had secured a work order worth ₹50.50 crore, including GST, from the Ministry of Road Transport and Highways (MoRTH) for the construction of the Mandvi Bypass road in Gujarat.
Previous Contract Details
The MoRTH project involves the construction of a 6.1 km stretch on National Highway 41 (NH-41) under the Engineering, Procurement, and Construction (EPC) mode. Here are the key details of this contract:
| Aspect | Details |
|---|---|
| Project | Construction of Mandvi Bypass road |
| Location | From km 97/200 to km 104/200 on NH-41, Gujarat |
| Length | 6.1 km |
| Contract Value | ₹50.50 crore (including GST) |
| Awarding Authority | Ministry of Road Transport and Highways (MoRTH) |
| Execution Timeline | 18 months |
| Contract Type | EPC mode |
Significance of the Contracts
These contracts represent strategic wins for Niraj Cement Structurals Limited, potentially strengthening its position in the infrastructure development sector. The projects align with the government's ongoing efforts to enhance road connectivity and urban infrastructure across the country.
Company Disclosure
NCSL has made these announcements in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. For the MoRTH contract, the company has confirmed that it does not fall under related party transactions, and there is no interest from the promoter/promoter group or group companies in the entity that awarded the contract.
As infrastructure development continues to be a key focus area for the Indian government, contracts such as these may provide insights into the growth prospects of companies operating in this sector. Investors and market watchers may want to keep an eye on how efficiently NCSL executes these projects within the stipulated timelines.
Historical Stock Returns for Niraj Cement Structurals
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.06% | +3.27% | -4.28% | -45.26% | -45.07% | -28.16% |


































