BL Kashyap rises on bagging orders worth Rs 605 crore

20 Feb 2018

BL Kashyap & Sons is currently trading at Rs. 49.25, up by 0.40 points or 0.82% from its previous closing of Rs. 48.85 on the BSE.

The scrip opened at Rs. 49.25 and has touched a high and low of Rs. 49.90 and Rs. 48.90 respectively. So far 17,026 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 71.95 on 21-Nov-2017 and a 52 week low of Rs. 20.10 on 31-Mar-2017.

Last one week high and low of the scrip stood at Rs. 53.65 and Rs. 47.35 respectively. The current market cap of the company is Rs. 1,056.73 crore.

The promoters holding in the company stood at 64.29%, while Institutions and Non-Institutions held 8.78% and 26.94% respectively.

BL Kashyap & Sons has bagged new orders of around Rs 605 crore from domestic clients. The projects are expected to be completed within 24 months from the date of award. The total order inflow during the FY 2017-18 up to December, 2017 stands at Rs 867 crore.

Of the total Rs 605 crore orders, the company has bagged orders worth Rs 234 crore at Chennai, Rs 30 crore order at Noida and orders worth Rs 341 crore at Bangalore.

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

Related BL Kashyap & Sons Ltd. Links:

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323