Presstonic Engineering Secures ₹1.15 Billion Mumbai Metro Project Contract
Presstonic Engineering has won a ₹1.15 billion contract for the Mumbai Metro project, representing a major business milestone for the SME company. With a market capitalization of ₹70 crore, this substantial contract demonstrates the company's capabilities in securing large-scale infrastructure projects and positions it as a participant in India's expanding urban transportation network.
*this image is generated using AI for illustrative purposes only.
Presstonic Engineering has secured a major contract for the Mumbai Metro project, marking a significant milestone in the company's growth trajectory. The contract, valued at ₹1.15 billion, represents a substantial order win for the engineering firm.
Contract Details
The Mumbai Metro project contract demonstrates Presstonic Engineering's capability to secure large-scale infrastructure projects in India's expanding urban transportation sector.
| Parameter: | Details |
|---|---|
| Contract Value: | ₹1.15 billion |
| Project Type: | Mumbai Metro |
| Company Market Cap: | ₹70 crore |
| Company Category: | SME |
Company Profile
Presstonic Engineering operates as a Small and Medium Enterprise (SME) with a current market capitalization of ₹70 crore. The significant contract value of ₹1.15 billion represents a major business opportunity relative to the company's size, highlighting the substantial nature of this project win.
Infrastructure Sector Impact
The contract award positions Presstonic Engineering as a participant in Mumbai's metro rail expansion, which forms part of India's broader urban infrastructure development initiatives. This project win demonstrates the company's technical capabilities and competitive positioning in the engineering sector.
Historical Stock Returns for Presstonic Engineering
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.10% | -15.08% | -8.53% | -40.30% | -46.51% | -66.09% |
17
