Shares of Ramky Infrastructure Ltd. gained as much as 8% on Friday, September 19, after the company secured a ₹2,085 crore Hybrid Annuity Model (HAM) project from the Hyderabad Metropolitan Water Supply and Sewerage Board.The contract, awarded under the Mallannasagar Water Supply scheme, involves execution of the Godavari Drinking Water Supply Scheme Phase II and Phase III. The project aims to channel Godavari water into the Osmansagar and Himayathsagar reservoirs to rejuvenate the Musi River.
The project entails construction over two years, followed by operations and maintenance for 10 years under the Hybrid Annuity Model.
With this order, Ramky Infrastructure’s order book stood at ₹7,650 crore as of June 30, 2025, accounting for about 27% of its total order book.
The smallcap company had a market capitalisation of ₹4,240.44 crore as of Friday.
