BL Kashyap & Sons declines on reporting 13.55% fall in sales during Q2 FY19

20 Nov 2018

BL Kashyap & Sons is currently trading at Rs. 23.70, down by 0.10 points or 0.42% from its previous closing of Rs. 23.80 on the BSE.

The scrip opened at Rs. 23.55 and has touched a high and low of Rs. 23.90 and Rs. 23.55 respectively. So far 6696 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. 21.90 on 08-Oct-2018.

Last one week high and low of the scrip stood at Rs. 24.50 and Rs. 22.85 respectively. The current market cap of the company is Rs. 508.44 crore.

The promoters holding in the company stood at 64.29%, while Institutions and Non-Institutions held 8.54% and 27.17% respectively.

BL Kashyap & Sons has reported 13.55% fall in sales to Rs 205.66 crore in September 2018 compared to Rs 237.90 crore in September 2017. However, the total expenditure reduced 14% to Rs 195.90 crore as against 228.45 crore in the corresponding quarter of 2017.

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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