Vipul zooms on getting letter of award from UPEIDA

28 Aug 2018

Vipul is currently trading at Rs. 55.45, up by 5.30 points or 10.57% from its previous closing of Rs. 50.15 on the BSE.

The scrip opened at Rs. 50.90 and has touched a high and low of Rs. 56.80 and Rs. 50.90 respectively. So far 16958 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 102.45 on 22-Sep-2017 and a 52 week low of Rs. 43.50 on 01-Aug-2018.

Last one week high and low of the scrip stood at Rs. 56.80 and Rs. 49.30 respectively. The current market cap of the company is Rs. 601.72 crore.

The promoters holding in the company stood at 63.38%, while Non-Institutions held 36.62% stake in the company.

Vipul has received letter of award (LoA) from Uttar Pradesh Expressway Industrial Development Authority (UPEIDA), Lucknow in the state of Uttar Pradesh for the operations, maintenance, management and transfer of wayside amenities facility along Agra-Lucknow Expressway. The first year fixed annual license fee payable by the company to UPEIDA is Rs 33 lakh.

Vipul is a leading Real Estate Developer in NCR and is developing properties in Gurugram, Ludhiana, Bawal, Bhubaneshwar and Faridabad.

Related Vipul Ltd. Links:

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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