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Kridhan Infra rises as its arm bags order worth SG$46.5 million

Kridhan Infra Ltd. | Steel & Iron Products | Metals & Mining | BSE: 533482 | NSE: KRIDHANINF

24 Feb 2016 Evaluate

Kridhan Infra is currently trading at Rs. 90.60, up by 0.90 points or 1.00 % from its previous closing of Rs. 89.70 on the BSE.

The scrip opened at Rs. 90.10 and has touched a high and low of Rs. 99.60 and Rs. 88.50 respectively. So far 100297 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 125.70 on 01-Jan-2016 and a 52 week low of Rs. 71.05 on 20-Mar-2015.

Last one week high and low of the scrip stood at Rs. 99.60 and Rs. 87.00 respectively. The current market cap of the company is Rs. 676.46 crore.

The promoters holding in the company stood at 64.46% while Institutions and Non-Institutions held 0.54% and 35.00% respectively.

Kridhan Infra’s subsidiary KH Foges, has won orders amounting to SG$ 50.8 million in Singapore for EPC works & Foundation engineering. The order includes entire EPC work for a new flyover including construction of viaduct and underpass for the value of Rs 226 crors for the Government of Singapore.

The EPC order marks a significant milestone for Kridhan as the company has moved up the value chain from doing foundation-engineering projects to complex and larger EPC projects in infrastructure development. The projects mark the company’s entry into a complete new segment in Singapore and further expand its scope of work. This will give boost to the company and would enable it to tap the growing opportunities in Civil Engineering. With this order, the total consolidated order book now stands at Rs 665 crore.

KH Foges is the second largest foundation engineering company in Singapore and has been expanding significantly in Singapore and other parts of South East Asia.

Kridhan Infra Share Price

2.57 0.08 (3.21%)

17-Apr-2026 16:59 View Price Chart

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Kridhan Infra rises as its arm bags order worth SG$46.5 million

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