Penny stock below Rs 50: Company receiving an order worth Rs 282.40 lakh

Abhishek Integrations Limited (AIL) has successfully received a new Work Order for the Operation and Maintenance of various critical installations at VSS Airport, Jharsuguda. This two-year contract, spanning the period of 2025-2027, covers the maintenance of the Sub-Station (SS), Terminal Building, Monopulse Secondary Surveillance Radar (MSSR), Colony, and Non-Directional Beacon (NDB). The total contract value, inclusive of GST, is worth Rs 282.40 lakh, marking another significant addition to AIL's portfolio of airport infrastructure management services.

Earlier, the company was ranked as the Lowest Bidder (L1) for a significant work contract at M.B.B. Airport, Agartala. The scope of work involves the "Annual Operation and Maintenance of GLF and other E&M installations for two years (2025-27)." This contract is valued at a total of Rs 209.63 lakh, underscoring a key new project win for AIL in the realm of airport infrastructure maintenance and operations.

Abhishek Integrations Limited, founded in 2017, has been involved in the development, maintenance, and operation of airports and related services in India. The company has completed numerous projects across the country, including electrical and mechanical installations, firefighting systems and airfield lighting systems. Since acquiring Abhishek Associates and its projects in 2021, Abhishek Integrations has expanded its scope and expertise in the airport infrastructure sector.

According to the financials, the company has a market cap of Rs 22 crore. The promoters of the company hold a 67.72 per cent stake in the company and the rest is owned by the general public, which is 32.28 per cent as of June 2025.

Disclaimer: The article is for informational purposes only and not investment advice.