BL Kashyap & Sons rises on bagging orders worth Rs 431 crore

03 Mar 2017

BL Kashyap & Sons is currently trading at Rs 23.70, up by 0.30 points or 1.28% from its previous closing of Rs. 23.40 on the BSE.

The scrip opened at Rs. 23.75 and has touched a high and low of Rs. 23.80 and Rs. 23.50 respectively. So far 32104 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 28.00 on 01-Nov-2016 and a 52 week low of Rs. 12.13 on 03-Mar-2016.

Last one week high and low of the scrip stood at Rs. 25.05 and Rs. 22.05 respectively. The current market cap of the company is Rs. 482.78 crore.

The promoters holding in the company stood at 67.41%, while Institutions and Non-Institutions held 9.75% and 22.84% respectively.

BL Kashyap & Sons, one of the leading Civil Engineering and Construction Company has secured new orders worth approximately Rs 431 crore. The company has bagged order worth Rs 138 crore for Compound Wall, Road Crossing and Culvert, Cut & Fill work etc. in Chennai, while the other order is for Structural, Architectural Finishes and MEP work approximately built up area 13.43 lakh square feet in Delhi-NCR worth Rs 75 crore.

The company has bagged another order worth Rs 74 crore for Civil, Structure, Finishing, MEP, External Development Work etc. in Delhi-NCR, while it has bagged order worth Rs 39 crore for Concrete and Block work approximately built up area 6.04 lakh square feet in Delhi-NCR.

Further, the company has bagged Civil and Structural Work order in Delhi-NCR worth approximately Rs 20 crore, while it has bagged another order worth Rs 85 crore for Design and build of RCC (for basement) and steel structure (super structure) built up area approximately 5.70 lakh square feet in Bangalore.

BL Kashyap & Sons is engaged in the business of construction of factories and manufacturing facilities, IT campuses, commercial and residential complexes and malls.

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