Univastu India has received a Letter of Acceptance (LoA) worth around Rs 485.67 crore (excluding GST and Customs Duty) from IRCON International. The LoA is for ‘design, manufacture, supply, installation, integration, testing and commissioning of power supply (except 02 Nos. of RSS and associated works) and Traction, E & M, Lifts and Escalators including 5 years of comprehensive maintenance after 2 years of defect liability maintenance period of Line 6 (Swami Samarth Nagar to Vikhroli (EEH)) of Mumbai Metro Rail Project of MMRDA.
The project involves specialized metro rail electrical, traction and power supply systems, further reinforcing the company’s execution capabilities in system-based infrastructure works.
Univastu India operates as construction company in India. The company provides integrated engineering, procurement, and construction services for civil and structural construction and infrastructure sector projects.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 4094.95 |
| Rail Vikas Nigam | 303.10 |
| NCC | 161.30 |
| KEC International | 580.10 |
| Kalpataru Projects | 1232.90 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: