Aarvi Encon Share Price Rise 1.40% After Securing ₹11.16 Crore Overseas Work Order

Mumbai, November 26, 2025: The share price of Aarvi Encon Limited rose 1.40% on Wednesday, reaching ₹132.29 as of 14:40 IST, following the announcement of a significant international contract. The stock opened at ₹130.48 and touched an intraday high of ₹135, with the company’s market capitalization at ₹193.30 crore and a P/E ratio of 13.50.

The rise comes a day after the firm declared that it had secured a two-year technical workforce supply agreement with a leading global EPC company in Indonesia. The contract, valued at ₹11.16 crore, will be effective from January 1, 2026, to December 31, 2027.

Aarvi Encon Limited, founded in 1987 and listed on the NSE, is a diversified technical workforce and engineering services firm. The company serves clients across the oil and gas, power, infrastructure, refinery, and petrochemical sectors, with operations spanning multiple geographies worldwide.

Contract Details

According to the company’s filing, the work order involves the provision of technical workforce services in Indonesia. The client’s identity is kept confidential due to a Non-Disclosure Agreement (NDA).

Key Contract Terms

The contract spans from January 1, 2026, to December 31, 2027, with a total value of ₹11.16 crore. It is an international assignment and does not involve any related-party transaction or promoter interest. The deal allows Aarvi Encon to provide technical manpower services while maintaining compliance with corporate governance norms.

REF: https://nsearchives.nseindia.com/corporate/AARVI_26112025104926_NSE20252630Workorder.pdf

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations