Introduction
Leading infrastructure and engineering firm has secured a major contract of Rs. 58.25 crore from TUDA for roads and stormwater drainage systems across multiple towns, reinforcing its order book and expertise in sustainable urban development projects.
Also Read: Adani Enterprises: Company receives LoA for ropeway project between Sonprayag and Kedarnath
Share price movement of Oval Projects
On September 16, 2025, Oval Projects Engineering Ltd opened at ₹78.13, up 5.00% from its previous close of ₹74.41. The stock reached a high of ₹78.13 and a low of ₹76.50. By 2:03 PM, it traded at ₹77.50, a 4.15% increase, with a market cap of ₹160.96 crore.
Oval Projects Secures ₹58 Crore TUDA Project
Oval Projects Engineering Limited has received a Letter of Award (LoA) from TRL Urban Planning and Development Authority (TUDA) for constructing roads and stormwater drainage systems in Khowoi, Ronirbozor, and Mohonpur. The project value is ₹58.25 crore.
The contract is executed through a joint venture with Raviraj Bokadia Creative. This is the company’s third major project, strengthening its order book. The project reinforces Oval Projects Engineering Limited’s presence in sustainable infrastructure development across India.
Stock performance of Oval Projects for Period of 1 week
Oval Projects Engineering Ltd delivered a 2.03% return over the past week.
Also Read: NCC: Stock jumps 5% after bagging order worth ₹2,090 Cr order
Shareholding pattern of Oval Projects
| Particulars | Sep 2025 |
| Promoter | 53.10% |
| FII | 4.50% |
| DII | 6.90% |
| Public | 35.60% |
About Oval Projects
Oval Projects Engineering Ltd (BSE: 544498), founded in 2013 and based in Agartala, Tripura, offers EPC and O&M services in Oil & Gas, City Gas Distribution, urban development, and energy infrastructure projects.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: Why is Oval Projects Engineering Ltd share price going up today?
A: Oval Projects Engineering Ltd share price is rising as the company secured a ₹58.25 crore LoA from TUDA for infrastructure projects.
Q: What does Oval Projects Engineering Ltd specialize in?
A: Oval Projects Engineering Ltd specializes in EPC and O&M services, mainly in Oil & Gas, City Gas Distribution, and infrastructure projects.
Q: What is the market capitalization of Oval Projects Engineering Ltd?
A: The market capitalization of Oval Projects Engineering Ltd reflects investor confidence and current valuations based on its listed BSE stock performance.


