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Archidply Decor Ltd, Teamo Productions HQ Ltd, Niraj Cement Structurals Ltd and Sadbhav Engineering Ltd are among the other gainers in the BSE's 'B' group today, 22 December 2025.
Knowledge Marine & Engineering Works Ltd soared 18.85% to Rs 1951.95 at 12:01 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 33545 shares were traded on the counter so far as against the average daily volumes of 9227 shares in the past one month.
Archidply Decor Ltd surged 14.87% to Rs 88.14. The stock was the second biggest gainer in 'B' group. On the BSE, 3252 shares were traded on the counter so far as against the average daily volumes of 198 shares in the past one month.
Teamo Productions HQ Ltd spiked 14.81% to Rs 0.62. The stock was the third biggest gainer in 'B' group. On the BSE, 4.47 lakh shares were traded on the counter so far as against the average daily volumes of 2.62 lakh shares in the past one month.
Niraj Cement Structurals Ltd jumped 13.96% to Rs 42.78. The stock was the fourth biggest gainer in 'B' group. On the BSE, 83515 shares were traded on the counter so far as against the average daily volumes of 11541 shares in the past one month.
Sadbhav Engineering Ltd gained 12.98% to Rs 13.84. The stock was the fifth biggest gainer in 'B' group. On the BSE, 1.18 lakh shares were traded on the counter so far as against the average daily volumes of 69362 shares in the past one month.
The scope of the work order encompasses the removal of rock pinnacles and high spots at the Coastal Berth of Jawaharlal Nehru Port, followed by the disposal of the dredged material at the designated dumping ground, DS-3.
This technically critical rock dredging assignment necessitates extensive pre-treatment and the execution of underwater controlled blasting, subsequent to high-precision drilling operations in rock formations exhibiting compressive strengths in excess of 170 megapascals.
The operations will be carried out through an integrated deployment of advanced marine assets, including a dedicated drilling and blasting barge, trailing suction hopper dredgers (TSHDs), a backhoe dredger, self-propelled hopper barges, and secured explosives storage facilities.
KMEW has 60 days to mobilise the equipment and get all the requisite permissions before commencing the works.
Sujay Kewalramani, CEO of Knowledge Marine & Engineering Works, said: 'We are positioning ourselves as a comprehensive solution provider capable of executing the most technically demanding works within the port sector.
This assignment has been attempted by several dredging contractors; however, it has largely remained unsuccessful due to its extraordinary complexity. The rock formation targeted for dredging is estimated to exhibit compressive strengths exceeding 170 megapascals, rendering it the most formidable geological stratum ever undertaken by the KMEW team.
This award further consolidates our standing as a trusted partner within India’s dredging industry and reinforces our contribution to the advancement of the nation’s maritime infrastructure.'
Knowledge Marine & Engineering Works is engaged in providing dredging services, owning and operating marine craft, and repairing, maintaining, and refitting marine crafts and marine infrastructure. Its head office is in Mumbai, and operations are spread across major ports in the country through branch offices in Kolkata, Visakhapatnam, Kandla, Vadinar, and Sittwe, Myanmar.
The company posted a 10.09% decrease in consolidated net profit at Rs 11.20 crore on a 4.4% decline in revenue from operations to Rs 50.17 crore in Q2 FY26 compared with Q2 FY25.
The scrip fell 1.08% to currently trade at Rs 3427.70 on the BSE.
Under the agreement, the patrol boat will be exclusively dedicated to security operations at New Mangalore Port, including patrolling and monitoring port waters to ensure the safety of vessels, personnel, and port infrastructure. KMEW said the deployment is expected to enhance port security and contribute to the safe functioning of the port.
The company will construct the patrol boat in-house to meet specific operational requirements and ensure timely deployment. KMEW said that building the vessel internally provides a cost advantage and sets the stage for further growth and enhanced service offerings at Mumbai Port.
Sujay Kewalramani, CEO of Knowledge Marine & Engineering Works, said, “We are pleased to announce a significant achievement—our second consecutive order win from the New Mangalore Port Authority for patrol boat services. This repeat success not only reinforces our pivotal role in India’s maritime security ecosystem but also reflects the government’s growing focus on enhancing port efficiency and ancillary services. By delivering a diverse portfolio of solutions across key ports, we continue to distinguish ourselves from competitors and set new benchmarks in reliability and execution. This milestone is a testament to our unwavering commitment to excellence, timely delivery, and sustained growth, further strengthening our position as a trusted partner in safeguarding India’s vital maritime infrastructure.”
The counter shed 0.84% to Rs 2,919 on the BSE.
The said order is valued at Rs. 384.33 crore including taxes to be executed over a period of 15 years.
The 15-year contract, awarded by the Visakhapatnam Port Authority, is valued at Rs 384.33 crore and covers the manning, operation, maintenance, and complete technical management of a contractor-owned ASTDS-GTTP tug.
The order underscores KMEW’s technical expertise, operational efficiency, and innovation-driven approach, while reinforcing the trust and confidence placed by clients in its long-term service capabilities.
The company posted a 10.09% decrease in consolidated net profit at Rs 11.20 crore on 4.4% declined in revenue from operations to Rs 50.17 crore in Q2 FY26 compared with Q2 FY25.