Why did Garuda Construction share price zoom 9% in trade today? Find here

Garuda Construction share price: Garuda Construction and Engineering shares were buzzing in trade on Thursday, October 9, 2025, with the share rallying up to 9.48 per cent to hit an intraday high of ₹219.90 per share.

 

Around 12:15 PM, Garuda Construction share price was trading 8.02 per cent higher at ₹216.95 per share. By comparison, BSE Sensex was trading 0.9 per cent higher at 85,183.18 levels.

 

What triggered a sharp rally in Garuda Construction share price?

 

Garuda Construction share price zoomed after the company announced that it has secured a construction order worth ₹231 crore.

 

In an exchange filing, Garuda Construction said, “We hereby inform you that Garuda Construction and Engineering Limited has received a work order worth approximately ₹231 crore for the construction of a rehabilitation building admeasuring about 6.17 lakh sq. ft. in Chandivali, Mumbai, with a completion period of 3 years.”

 

Under the terms of the deal, Garuda Construction will be responsible for the construction of a rehabilitation building admeasuring about 6.17 lakh sq. ft. in Chandivali, Mumbai.

 

The contract is expected to be executed in 3 years (36 months), Garuda Construction said, in a statement. 

Meanwhile, the total order book of the company now stands at approximately ₹3,460.78 crore as on date.

 

Last week, Garuda Construction announced that it has secured an order worth ₹143.96 crore from Orbit Ventures Developers. 

 

Garuda Construction Q1 results

 

Garuda Construction’s profit more than tripled, or jumped 224 per cent year-on-year (Y-o-Y) to ₹28 crore in Q1FY26, from ₹9 crore in Q1FY25.

 

The company’s revenue from operations climbed 256 per cent Y-o-Y to ₹125.2 crore in the June quarter of FY26, from ₹35.1 crore in the June quarter of FY25. 

 

About Garuda Construction 

 

Garuda Construction, established in 2010 and headquartered in Mumbai, is a leading Indian civil construction company specialising in residential, commercial, industrial, infrastructure, and hospitality projects. 

 

The company provides comprehensive, end-to-end construction solutions, covering everything from design and planning to execution and post-completion maintenance. 

 

With expertise in building concrete and composite steel structures, Garuda also offers Mechanical, Electrical, and Plumbing (MEP) services, along with Operations & Maintenance (O&M) support for completed projects. 

 

Over the years, Garuda Construction has undertaken a wide range of projects, including high-rise and low-rise residential buildings, luxury homes and townships, office complexes, retail spaces, industrial facilities, and large-scale infrastructure developments. 

 

The market capitalisation of Garuda Construction is ₹2,019.47 crore, according to BSE. The company falls under the BSE SmallCap index.