Simplex Infrastructures is currently trading at Rs. 463.00, up by 14.35 points or 3.20% from its previous closing of Rs. 448.65 on the BSE.
The scrip opened at Rs. 456.00 and has touched a high and low of Rs. 465.00 and Rs. 456.00 respectively. So far 78 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 590.00 on 13-Jun-2017 and a 52 week low of Rs. 260.00 on 27-Dec-2016.
Last one week high and low of the scrip stood at Rs. 484.40 and Rs. 435.00 respectively. The current market cap of the company is Rs. 2290.57 crore.
The promoters holding in the company stood at 56.28%, while institutions and non-institutions held 19.88% and 23.84% respectively.
Simplex Infrastructures has reportedly emerged as the lowest bidder to build the 7.5-km Metro corridor and five stations between Gottigere and Swagath Road Cross on Bannerghatta Road. The company’s quote of Rs 578.70 crore is said to be the lowest among the bids received.
If awarded, the 7.5-km stretch is going to be the second major Metro contract that Simplex will be taking up in Bengaluru. Early this year, the firm won a contract to build the 3-km corridor and three stations between Hesaraghatta Cross (from Nagasandra station) and Bangalore International Exhibition Centre.
The Bangalore Metro Rail Corporation (BMRCL) had floated bids for the construction of Gottigere Swagath Road Cross corridor in March this year.
| Company Name | CMP |
|---|---|
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