Electrical & instrumentation works company receives order worth Rs 36,69,44,319 from Vedanta Ltd
DSIJ Intelligence-1 / 11 Jul 2025/ Categories: Penny Stocks, Trending
The stock is up by 10.5 per cent from its 52-week low of Rs 89.90 per share.
ANI Integrated Services Limited has secured a significant Letter of Intent (LOI) from Vedanta Limited for "Provision of Other Technical Role Resources (Package-2)." Under this domestic contract, valued at Rs 36,69,44,319, ANI Integrated Services will deploy skilled technical personnel for a period of three years across four of Vedanta's key operational sites in Rajasthan, Gujarat, Andhra Pradesh, and Assam.
This LOI further solidifies the partnership between the two companies, highlighting ANI's position as a reliable provider of high-quality technical manpower and operational expertise.
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About the Company
ANI is a renowned leader in the service industry, known for delivering excellence and innovative solutions across various sectors. With a commitment to quality and customer satisfaction, ANI is poised for further growth and success in its new endeavours.
On Friday, shares of ANI Integrated Services Limited hit a 5 per cent upper circuit to Rs 99.20 per share from its 52-week low of Rs 94.50 per share. The company has a market cap of over Rs 100 crore with a PE of 11x, an ROE of 15 per cent and an ROCE of 16 per cent. The stock is up by 10.5 per cent from its 52-week low of Rs 89.90 per share.
Disclaimer: The article is for informational purposes only and not investment advice.