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Prakash Constrowell surges on bagging orders worth Rs 158 crore

26 Aug 2016 Evaluate

Prakash Constrowell is currently trading at Rs. 12.32, up by 0.81 points or 7.04% from its previous closing of Rs. 11.51 on the BSE.

The scrip opened at Rs. 12.39 and has touched a high and low of Rs. 12.66 and Rs. 12.30 respectively. So far 2,31,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 12.66 on 26-Aug-2016 and a 52 week low of Rs. 1.68 on 08-Sep-2015.

Last one week high and low of the scrip stood at Rs. 12.66 and Rs. 10.05 respectively. The current market cap of the company is Rs. 154.84 crore.

The promoters holding in the company stood at 64.13%, while Non-Institutions hold 35.87%.

Prakash Constrowell has received orders worth Rs 158 crore. The first order worth Rs 108 crore from government is for construction of dwelling units and allied services at Mumbai which will be executed joint-venture and second orders worth Rs 50 crore from Agriculture Produce Market Committee (APMC) is for Construction of Civil & other allied Electrical and Construction work of flower Trading Center at Market Yard, Pune.

Prakash Constrowell is a construction company predominantly engaged in the business of infrastructure development and civil construction.



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