Latest news with #UnityMall
&w=3840&q=100)
Business Standard
26-06-2025
- Business
- Business Standard
Here's why Deepak Builders and Engineers India share is buzzing today
Deepak Builders and Engineers India share price: Deepak Builders and Engineers India (Deepak Builders) share price was in demand on Thursday, June 26, 2025, with the stock rallying up to 6.50 per cent to hit an intraday high of ₹151.40 per share. Around 1:40 PM, Deepak Builders share price was off day's high but continued to trade higher, up 3.52 per cent at ₹147.15 per share. By comparison, BSE Sensex was trading 0.68 per cent higher at 83,318.37 levels. Why were Deepak Builders shares buzzing today? Deepak Builders share price rose after the company announced that it has bagged an order worth ₹142.60 crore, including GST. Without GST, the order value stood at ₹120.85 crore. In an exchange filing, Deepak Builders said, 'We wish to inform you that the company has received Letter of Acceptance from HSIIDC, for the work of Planning, Design, Engineering, Procurement and Construction of Unity Mall including all other works contingent thereto on EPC mode basis at Sector-37, HSIIDC IE Karnal (Haryana), for construction cost of the project of ₹120.85 crore (excluding GST) and ₹142.60 crore (with GST).' Under the terms of the order, Deepak Builders will be responsible for the planning, design, engineering, procurement and construction of Unity Mall including all other works contingent thereto on EPC mode basis, from HSIIDC Industrial Estate, Karnal. The company is expected to complete the project within 24 months (2 years) from the commencement date. This will be followed by a 36-month defect liability period and a 12-month operation and maintenance (O&M) phase. At the beginning of the month, the Board of Directors of the company recommended final dividend of ₹1 per share on the equity shares of the company (i.e. dividend at 10 per cent per equity share having face value of ₹10 each), for the financial year 2024-25, subject to approval of the shareholders of the company at the ensuing Annual General Meeting. Deepak Builders Q4 results Deepak Builders posted a revenue of ₹224.3 crore in the March quarter of financial year 2025 (Q4FY25), as against ₹188.93 crore in the March quarter of financial year 2024 (Q4FY24). However, the company's profit dropped to ₹11.19 crore in Q4FY25, from ₹33.82 crore in Q4FY24. Track Stock Market LIVE Updates Deepak Builders IPO listing Deepak Builders share made a muted D-Street debut. On the BSE, the stock debuted at ₹198.50, marking a 2.2 per cent discount to its IPO issue price of ₹203. Likewise, on the NSE, the shares opened at ₹200, down ₹3 or 1.4 per cent from the issue price. About Deepak Builders Deepak Builders and Engineers India is among prominent integrated engineering and construction firms, known for its expertise across a wide range of segments. The company specialises in the construction of administrative buildings, institutional and healthcare facilities, industrial and residential projects, as well as historical monuments, stadiums, and sports complexes. Deepak Builders and Engineers also provides comprehensive end-to-end execution and construction services for a variety of infrastructure and development projects. The market capitalisation of Deepak Builders is 685.44 crore, BSE data showed. The company falls under the BSE IPO index.
Business Upturn
26-06-2025
- Business
- Business Upturn
Deepak Builders secures Rs 142.6 crore Unity Mall project in Karnal
By Aman Shukla Published on June 26, 2025, 12:23 IST Deepak Builders has officially received the Letter of Acceptance (LoA) from the Haryana State Industrial & Infrastructure Development Corporation (HSIIDC) for the construction of Unity Mall at Sector-37, HSIIDC Industrial Estate, Karnal. This development follows the company's earlier announcement on June 3, 2025, where it emerged as the L1 (lowest) bidder for the Engineering, Procurement, and Construction (EPC) contract. The project includes comprehensive planning, design, engineering, procurement, and construction work, along with all other related components. The total construction cost of the project is pegged at ₹142.60 crore (including GST), while the base contract value stands at ₹120.85 crore (excluding GST). The Unity Mall project is expected to be completed within 24 months from the date of commencement. Additionally, there will be a 36-month defect liability period and a 12-month operations and maintenance (O&M) phase thereafter. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Time of India
16-06-2025
- Business
- Time of India
Mizoram govt takes up key projects, ‘PM's Ekta Mall' being constructed
Aizawl: Mizoram has taken up several key projects both under the flagship programmes of the central govt and the state govt, including Prime Minister's Ekta Mall or 'Unity Mall', director of state tourism department R Lalrodingi said on Monday. Tired of too many ads? go ad free now Lalrodingi told TOI a unity mall is being constructed on land belonging to the state printing and stationery department at Chawnpui locality in the western part of Aizawl with a funding of Rs 127 crore from the central govt's flagship programme 'PM-Ekta Mall'. She said other projects, including Keilungliah — a man-made lake in Champhai district — and a heritage and cultural centre also in Champhai district bordering Myanmar, have also been taken up by the state tourism department at the cost of around Rs 80 crore with funds from the Centre. "We also have received Rs 5.2 crore for preparation of basic amenities for tourists who visit Vangchhia village, one of the main tourist destinations in the state," she said, adding that a large number of tourists, both domestic and from abroad, visit the excavation site of the Archaeological Survey of India called 'Kawtchhuah Ropui', or the great gateway, at the historic Vangchhia village in Champhai district. She also said a plan is afoot to implement tourism initiatives in all the 40 assembly constituencies with legislators adopting one village each to promote tourism.
Time of India
11-06-2025
- Business
- Time of India
Cabinet picks firm to build Unity Mall
Panaji: The state cabinet on Wednesday selected Comt Constructions Pvt Ltd, the lowest bidder, to construct the Unity Mall at Chimbel at a cost of Rs 161 crore. State govt transferred 25,000sqm of land at Chimbel belonging to the IT department, to the tourism department for the Unity Mall and allied activities. Unity Mall is a scheme backed by the Union finance ministry to carry forward the concept of ' Make In India ' and to promote 'one district, one product' and handicrafts. A DPR in this regard was submitted by state govt to the Union finance ministry. The latter approved the DPR and sanctioned Rs 100 crore for the construction of Unity Malls under part VI of a scheme called 'Special assistance to state for capital investment 2023-24'. The ministry also released 50% of the approved amount to state govt to initiate the work on the project.
Business Upturn
03-06-2025
- Business
- Business Upturn
Deepak Builders secures orders worth over Rs 260 crore
Deepak Builders has been selected as the L1 bidder for the Planning, Design, Engineering, Procurement, and Construction (EPC) of Unity Mall located in the HSIIDC Industrial Estate, Karnal. The project has a bid value of Rs. 120.85 crores excluding GST and Rs. 142.60 crores inclusive of GST. The contract awarded by the HSIIDC Industrial Estate Authority includes all related works necessary for the completion of Unity Mall. The total duration allotted for the project completion is 24 months. Advertisement This project involves comprehensive EPC responsibilities, encompassing all stages from initial planning and design to procurement and construction, ensuring streamlined execution under a single contract.
