Niraj Cement Structurals shines on bagging order worth Rs 16.28 crore

24 Dec 2015

Niraj Cement Structurals is currently trading at Rs. 23.35, up by 0.85 points or 3.78% from its previous closing of Rs. 22.50 on the BSE.

The scrip opened at Rs. 23.00 and has touched a high and low of Rs. 23.35 and Rs. 23.00 respectively. So far 5,818 shares were traded on the counter.

The BSE group 'XD' stock of face value Rs. 10 has touched a 52 week high of Rs. 29.95 on 19-Nov-2015 and a 52 week low of Rs. 5.00 on 30-Dec-2014.

Last one week high and low of the scrip stood at Rs. 23.25 and Rs. 21.00 respectively. The current market cap of the company is Rs. 25.20 crore.

The promoters holding in the company stood at 30.03% while Non-Institutions held 69.97% respectively.

Niraj Cement Structurals has secured one contract from The Executive Engineer - Ganjam (R&B) Division No.1, Berhampur for widening and strengthening of Chikiti-Digapahandi - Aska Road (SH-29) to 2-lane from 21/000 to 35/300 km under SHDP. The project shall be developed at a cost of Rs 16.28 crore.

Niraj Cement Structurals is an engineering and construction company focusing on road construction development. Its present areas of operations are sub-contracting including providing EPC services.

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