Nila Infrastructures is currently trading at Rs. 10.87, up by 1.16 points or 11.95% from its previous closing of Rs. 9.71 on the BSE.
The scrip opened at Rs. 9.94 and has touched a high and low of Rs. 11.00 and Rs. 9.65 respectively. So far 670995 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 11.16 on 24-Feb-2015 and a 52 week low of Rs. 3.50 on 24-Jul-2014.
Last one week high and low of the scrip stood at Rs. 11.00 and Rs. 8.75 respectively. The current market cap of the company is Rs. 369.49 crore.
The promoters holding in the company stood at 59.78% while Non-Institutions held 40.22% stake in the company.
Nila Infrastructures has received a work-order from the Ahmedabad Municipal Corporation for the construction of 1152 EWS Residential including internal infrastructure and development work within the plot at various locations in Ahmedabad (Phase II, EWS Package-4) involving total estimated cost of Rs. 54.39 crores. This Project involving 32406 sq. mtrs. Construction is required to be completed within 24 months.
Nila Infrastructures is a growing entity in the real estate and urban infrastructure space. The company has been engaged in turnkey civic infrastructure constructions, besides the development and marketing of residential real estate schemes.
