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Kridhan Infra zooms with arm bagging contract worth $32.5 million

Kridhan Infra Ltd. | Steel & Iron Products | Metals & Mining | BSE: 533482 | NSE: KRIDHANINF

09 Jan 2019 Evaluate

Kridhan Infra is currently trading at Rs. 48.80, up by 3.65 points or 8.08% from its previous closing of Rs. 45.15 on the BSE.

The scrip opened at Rs. 47.20 and has touched a high and low of Rs. 49.35 and Rs. 46.80 respectively. So far 11419 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 140.35 on 09-Jan-2018 and a 52 week low of Rs. 41.00 on 01-Oct-2018.

Last one week high and low of the scrip stood at Rs. 49.35 and Rs. 44.75 respectively. The current market cap of the company is Rs. 427.93 crore.

The promoters holding in the company stood at 47.04%, while Institutions and Non-Institutions held 15.85% and 37.11% respectively.

Kridhan Infra’s Singapore Subsidiary - Swee Hong (SHL) together with its step-down subsidiaries, has successfully secured a contract from the Public Utilities Board worth SG $32.5 million in aggregate for construction of link sewers for the DTSS Phase 2 Project at Old Choa Chu Kang Road/ Jalan Bahar, in Singapore.

The company acquired a majority stake in Swee Hong in 2016. SHL is a leading EPC company in Singapore, which under the company leadership and guidance. SHL has been able to fast track its legacy projects, which are near completion and has built a robust order book by successfully bidding for new contracts.

Kridhan Infra is an ISO 9001:2008 certified infrastructure solutions company. Established in 2006 with headquarters in Mumbai, Kridhan Infra is one of the pioneers in introducing the concept of ready to use steel for the construction industry in the country.

Kridhan Infra Share Price

2.57 0.08 (3.21%)

17-Apr-2026 16:59 View Price Chart

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Kridhan Infra zooms with arm bagging contract worth $32.5 million

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