Upper Circuit Alert: Aluminum Product Manufacturer Micro-Cap Company Secures Significant Facade Works Contract from Larsen & Toubro Limited Valued at Over Rs 23.81 Crore
DSIJ Intelligence-2 / 12 Aug 2025/ Categories: Mindshare, Trending
The stock gave returns of 63 per cent from its 52-week low of Rs 48 per share and a 73 per cent return since its listing.
On Tuesday share price of ALUWIND INFRA-TECH LIMITED jumped 5 per cent to its intraday high and locked in the upper circuit as the company received a LOI for a contract.
ALUWIND INFRA-TECH LIMITED (formerly known as Aluwind Architectural Limited) today announced it has received a Letter of Intent (LOI) for a substantial contract to carry out facade works for Tower 3 of Innovation Campus, Chennai. The order was awarded by Larsen & Toubro Limited
The total commercial consideration for this contract stands at Rs 23,81,69,747, excluding GST. This significant order is with a domestic entity. According to the terms of the LOI, the facade works are to be completed within a time period of 18 months from the date of receipt of the Letter of Intent.
ALUWIND INFRA-TECH LIMITED confirmed that neither its promoter, promoter group, nor any group companies have any interest in Larsen & Toubro Limited. Furthermore, the transaction does not fall under related party transactions.
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About the Company
Incorporated in April 2003, Aluwind Architectural Limited manufactures and installs a wide range of aluminium products, including windows, doors, curtain walls, cladding, and glazing systems. The company has established a strong geographical presence across several Indian cities such as Mumbai, Pune, Bangalore, and Hyderabad, supported by its 45,000-square-foot manufacturing facility located in Pune, Maharashtra
The shares of the company have a PE of 23.9x, an ROE of 19 per cent and an ROCE of 22 per cent. The stock gave returns of 63 per cent from its 52-week low of Rs 48 per share and a 73 per cent return since its listing.
Disclaimer: The article is for informational purposes only and not investment advice.