Deals16 Oct 2026, 12:20 pm
Monarch Surveyors Wins ₹51.2 Cr Order from Southern Railway
AI Summary
Monarch Surveyors and Engineering Consultants Ltd has secured a significant order worth ₹51,19,56,000.29 (₹51.2 Crore) from Southern Railway. The contract involves conducting traffic surveys, final location surveys, and preparing Detailed Project Reports (DPRs) for new BG line, doubling, and multi-tracking projects. The work is expected to be completed within 36 months from the Letter of Acceptance date. This order represents a substantial business win for the company, bolstering its order book and indicating continued engagement in railway infrastructure development projects.
Key Highlights
- Secured a new order worth ₹51.2 Crore from Southern Railway.
- Contract includes surveys and DPR preparation for railway projects.
- Project completion timeline is set at 36 months.
- Order does not involve related party transactions.
- Enhances company's order book in infrastructure development.
Price Impact
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