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Adverse Business Impact

RKEC Projects Adverse Business Impact

RKEC Projects Limited announced the termination of its ₹186.67 Crore EPC contract for passenger jetty facilities at Radio Jetty, Mumbai. The client, MMB, alleged delays, while the company cited uncontrollable factors like PILs and design changes. RKEC intends to pursue arbitration to recover costs and losses.

Key figures
Value₹186.7 Cr
Source

NSE filing, NSE: RKEC. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

RKEC Projects Ltd: key numbers

Share price
₹17.77
Market cap
₹45.88 Cr
P/E (TTM)
-0.8×Sector 31.3×
Promoter holding
57.74%-8.77% QoQ
FII holding
0.10%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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