Konstelec Engineers Shares Jump 4.96% After ₹13.31 Crore Reliance Industries Order

Mumbai, October 15: Konstelec Engineers Limited’s share price is on the rise today, after the company announced that it has secured a ₹13.31 crore contract from Reliance Industries Limited. As of 1:04 PM, the shares were up by 4.96%, or 2.95 points, and were trading at ₹62.45. Until now, the shares have traded within a range of ₹62.45 and ₹61.50. The current traded volume stands at 18 thousand shares, with the company’s market cap at ₹90 crore. The shares have their 52-week high at ₹322.80 and their 52-week low at ₹57.

Konstelec Engineers Limited is an Indian company that is engaged in providing engineering, procurement, and construction (EPC) services. The company was established in 1995 and is headquartered in Mumbai, Maharashtra. The shares of the company are listed on NSE with the ticker symbol KONSTELEC.

₹13.31 Crore Reliance Industries Order

The rise in the share price comes after the company announced that it has secured a ₹13.31 crore contract from Reliance Industries Limited. The order is for executing Electrical and Instrumentation (E&I) works at the Wafer Main Plant in Jamnagar, Gujarat. The project is valued at ₹13.31 crore (basic price), and the company is required to execute the order by December 31, 2025.

Key EPC Partner

Konstelec Engineers has positioned itself as a key EPC player after winning the contract from Reliance Industries. Furthermore, the company’s total project portfolio is valued at ₹720 crore. Within this,₹389 crore worth of projects are still ongoing. So far in the financial year 2025, Konstelec Engineers has secured new orders worth ₹231 crore.

REF: https://nsearchives.nseindia.com/corporate/KONSTELEC_14102025160118_nsesigned.pdf

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