Vijay Kedia’s portfolio stock jumps after receiving an order of Rs 87,00,00,000 from Provenance Land Pvt Ltd

DSIJ Intelligence-1 / 07 Oct 2025/ Categories: Multibaggers, Trending

The stock is up by 27.8 per cent from its 52-week low of Rs 141.05 and has given multibagger returns of 870 per cent in 5 years.

On Tuesday, shares of Innovators Facade Systems Ltd jumped 2.31 per cent to Rs 212.30 per share from its previous closing of Rs 207.50 per share. The stock’s 52-week high is Rs 295 per share and its 52-week low is Rs 171.50 per share.

Innovators Facade Systems Limited has been awarded a significant Letter of Award (LOA) from Provenance Land Private Limited. The order is for the Design, Supply, and Installation of Façade Works for the Commercial Tower and New Arrival Lobby of the Four Seasons Hotel in Worli, Mumbai. This domestic contract is valued at Rs 87 crore (excluding Taxes) and is expected to be completed within 17 months from the date of the LOA.

Earlier, the company received a significant Letter of Intent for a Work Order from DLF Info Park Developers (Chennai) Limited – (DLF Group). The order is for the Design, Supply, Installation & Commissioning of Façade Glazing Works for the 4 & 5 Downtown Blocks Project located at DLF Downtown Taramani in Chennai, Tamil Nadu. This is a domestic order valued at Rs 93.77 crore (excluding taxes), with an expected completion period of 420 days from the date the project commences.

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Innovators Facade Systems Limited operates as a building finishing contractor. The company offers facade design, fabrication, and installation services. Innovators Facade Systems serves the residential and commercial sectors in India.

The company has a market cap of over Rs 400 crore. According to the half-yearly results, net sales of Rs 107 crore and net profit of Rs 8 crore in H2FY25. In FY25, net sales increased by 3 per cent to Rs 221 and net profit increased by 7 per cent to Rs 116 crore compared to FY24.

An Ace Investor, Vijay Kedia, owns 20,10,632 shares or a 10.66 per cent stake in this company. The stock is up by 27.8 per cent from its 52-week low of Rs 141.05 and has given multibagger returns of 870 per cent in 5 years.

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