MoneyWorks4Me

Richa Industries bags orders worth Rs 100 crore

05 Nov 2013 Evaluate

Richa Industries has bagged new orders worth Rs 100 crore across both private and government sector. The company has secured a major order from Bihar state Warehousing Corporation for building 14 warehouses with project valued at Rs 45 crore. With this project, the company has taken full land development using most advanced technologies which ensures incomparable performance in terms of quality and quantity, significantly reducing both, the time required and project costs.

The company has also secured a high complexity turnkey warehousing project from one of the leading conglomerate of the Oil and petroleum industry ranked 88 in Fortune Global 500 listing for 2013, Indian Oil Corporation with the Project valued at Rs 18 crore. Meanwhile, the company also received order from Delhi Metro Rail Corporation worth Rs 12 crore. The company is contributing towards building Metro Depot in Faridabad which is a complete PEB project including workshop and Inspection Bay, car parking sheds, besides other units.

Peers
Company Name CMP
Vardhman Textiles 534.45
Welspun Living 227.60
Arvind 539.60
Raymond Lifestyle 642.05
K.P.R. Mill 1103.45
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