NMS Resources Global Secures Orders Worth Rs. 21.95 Crore Across Consultancy and Skill Development Divisions
NMS Resources Global has obtained multiple orders totaling Rs. 21.95 crore. The company's consultancy division received a Rs. 1.20 crore project for an integrated bus terminal and depot in Dhanbad. Additionally, its skill development division secured a Rs. 19.95 crore contract for solar energy systems training. These orders are expected to positively impact the company's financial performance and demonstrate its diversified business strategy in urban infrastructure and renewable energy sectors.

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NMS Resources Global has announced securing multiple orders totaling approximately Rs. 21.95 crore, showcasing the company's strong position in both consultancy and skill development sectors.
Consultancy Division Order
The company's consultancy division has bagged a significant project from Credible Management & Consultants Pvt. Ltd. The order, valued at Rs. 1.20 crore (including GST), involves providing design, Detailed Project Report (DPR), and monitoring services for an integrated bus terminal and bus depot in Dhanbad, Jharkhand. This project falls under the purview of the Dhanbad Municipal Corporation (DMC), highlighting NMS Resources Global's expertise in urban infrastructure development.
Major Skill Development Contract
In a substantial boost to its skill development division, NMS Resources Global has secured a large-scale order from the Lala Moti Lala Goyal Foundation. This contract, worth approximately Rs. 19.95 crore (including GST), focuses on training participants in the fundamentals of solar energy systems. The comprehensive training program will cover various aspects, including design, installation, maintenance, and safety protocols of solar energy systems.
Financial Impact and Company Outlook
The combined value of these orders, totaling Rs. 21.95 crore (including GST), represents a significant addition to NMS Resources Global's order book. This development is expected to have a positive impact on the company's financial performance in the coming quarters.
Dhananpal Gupta, Director of NMS Resources Global, stated in the company's disclosure, "This is for the information of all the stakeholders of the Company." The statement underscores the importance of these orders for the company's growth trajectory.
Diversified Business Strategy
These new orders demonstrate NMS Resources Global's successful strategy in diversifying its business across different verticals. The company's ability to secure projects in both consultancy for urban infrastructure and skill development in renewable energy showcases its versatility and adaptability to emerging market needs.
The substantial order in the solar energy training sector also aligns with the growing emphasis on renewable energy in India, positioning NMS Resources Global to capitalize on the increasing demand for skilled professionals in this field.
As NMS Resources Global continues to expand its footprint in consultancy and skill development sectors, these new orders are likely to strengthen its market position and contribute to its long-term growth prospects.
Historical Stock Returns for NMS Resources Global
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
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0.0% | -1.41% | +11.08% | +105.34% | -13.92% | +852.38% |