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Massive ₹220 Crore Road Project Awarded to Niraj Cement: Stock Surges!

Industrial Goods/Services

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Published on 25th November 2025, 5:30 AM

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Author

Simar Singh | Whalesbook News Team

Overview

Niraj Cement Structurals Ltd. shares jumped 10% on Tuesday after securing a significant ₹220.14 crore work order from the National Highways and Infrastructure Development Corporation Ltd. (NHIDCL). The contract is for constructing a two-lane road with paved shoulders for the Kohima Bypass in Nagaland, to be completed within 24 months. This award follows other recent project wins for the civil construction company.