Aarvi Encon Stock Price up Today After Company gets New Order of Rs 6.30 crore

Mumbai, June 24, 2025 – Aarvi Encon Limited (NSE: AARVI) announced a fresh work order, triggering a 3.03% rise in its stock price during early trade. The work order is to provide manpower to one of India’s largest conglomerates to operate and maintain a Cell Factory.

The work order, worth ₹6.30 crore, is to be completed within a span of one year, starting July 1, 2025. While the client’s name stays hidden due to a Non-Disclosure Agreement (NDA), the order adds another win to the already impressive order book of the company.

As of 10:58 a.m. IST, the stock traded at ₹110.72, ₹2.12 up from the previous close of ₹108.60.

Work Order Details

One of India’s largest conglomerates has awarded the company a manpower supply contract. While the client’s name has not been disclosed due to a NDA, the contract involves operation and maintenance support for a Cell Factory. It will be executed on a pan-India basis. The agreement, signed on June 23, 2025, spans one year starting July 1, 2025, through July 31, 2026.

Contract Snapshot

Particulars	Details
Order Value	₹6,30,01,800 (inclusive of GST)
Contract Duration	1 July 2025 – 31 July 2026
Client Name	Not Disclosed (NDA in place)
Service Provided	Manpower Supply (Cell Factory Ops)
Nature of Entity	Domestic
Related Party	No

Market Response

Aarvi Encon’s share saw positive momentum following the disclosure. Key trade metrics at the time of reporting include:

Metric	Value
Last Traded Price	₹111.89
Day’s High	₹113.07
Day’s Low	₹111.86
VWAP	₹112.49
52-Week High	₹168.00
52-Week Low	₹88.00
Total Market Cap	₹165.72 Cr
Free Float Mkt Cap	₹43.79 Cr

Outlook

The sharp rise in Aarvi Encon’s stock reflects investor confidence following the manpower contract win from a major industrial client. This order strengthens the company’s position in high-skill staffing and signals steady demand in industrial operations. With a growing order book and consistent execution, the company is poised for stable revenue growth, and the stock may continue to attract positive market attention.

Company Background

Founded in 1987 and listed on the NSE since June 24, 2020, Aarvi Encon Limited is a manpower outsourcing and project services company catering to industries such as oil & gas, infrastructure, and renewable energy. It holds ISO 9001, 14001, and 45001 certifications and operates under the “Diversified Commercial Services” category.

This new order reinforces Aarvi’s strategic positioning in the high-skill industrial staffing sector and is expected to contribute positively to FY26 revenues.

REF: https://nsearchives.nseindia.com/corporate/AARVI_23062025174809_NSE20252608Workorder.pdf

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