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Nila Infrastructure surges on bagging work order for slum rehabilitation, redevelopment

Nila Infrastructures Ltd. | Construction - Real Estate | Construction & Infrastructure | BSE: 530377 | NSE: NILAINFRA

11 Jul 2016 Evaluate

Nila Infrastructures is currently trading at Rs. 14.40, up by 0.74 points or 5.42% from its previous closing of Rs. 13.66 on the BSE.

The scrip opened at Rs. 14.45 and has touched a high and low of Rs. 14.90 and Rs. 14.11 respectively. So far 1,37,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 19.85 on 28-Dec-2015 and a 52 week low of Rs. 7.80 on 10-Sep-2015.

Last one week high and low of the scrip stood at Rs. 14.90 and Rs. 12.02 respectively. The current market cap of the company is Rs. 533.13 crore.

The promoters holding in the company stood at 62.09%, while Institutions and Non-Institutions held 0.04% and 37.88% respectively.

Nila Infrastructures has received a work order from Ahmedabad Municipal Corporation (AMC) for the Integrated Slum In-situ Development for PPP Project (Phase-II) of approximate 80 residential units at Ahmedabad under Urban Development & Urban Housing Department, Government of Gujarat’s Slum Rehabilitation and Redevelopment Policy-2013.

The project envisages to rehabilitate about 80 slum-dwelling families living at Sabarmati, Kailashnagar, Ahmedabad in Gujarat. The total area under the project is approximately 4,166 square meters and will be redeveloped in 18 months at a total development cost of approximately Rs 6.80 crore. As consideration, Nila will get the balance vacant land admeasuring about 2,793 square meters on additional payment of an estimated premium of Rs 1.01 crore.

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.

Nila Infrastructures Share Price

8.65 0.23 (2.73%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Lodha Developers	871.70
Dilip Buildcon	457.55
DLF	601.80
Oberoi Realty	1710.00
Ahluwalia Contract(I	832.90
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Nila Infrastructure surges on bagging work order for slum rehabilitation, redevelopment

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