BL Kashyap & Sons zooms on bagging orders worth around Rs 652 crore

14 Jan 2019 Evaluate

BL Kashyap & Sons is currently trading at Rs. 22.75, up by 2.15 points or 10.44% from its previous closing of Rs. 20.60 on the BSE.

The scrip opened at Rs. 20.60 and has touched a high and low of Rs. 23.95 and Rs. 20.50 respectively. So far 46972 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 68.00 on 16-Jan-2018 and a 52 week low of Rs. 18.50 on 10-Dec-2018.

Last one week high and low of the scrip stood at Rs. 23.95 and Rs. 20.35 respectively. The current market cap of the company is Rs. 492.28 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 won orders worth around Rs 652 crore. The projects are from various unrelated domestic clients from varied sectors, the projects will be carried out in cities such as Bangalore and Chennai. Most projects are expected to be completed in a period of 24 months from the date of award.

The projects include the 'construction of Shell & Core residential tower at Seegahalli, Bangalore, with Super structure approximately 7 lakh square feet and Sub structure 2.50 lakh square feet worth Rs 82.50 crore and other order is for establishment of Infrastructure for Production Augmentation facilities at LCA Tejas division built up area approximately 3 lakh square feet worth Rs 70.57 crore.

The company also bagged orders for design and construction of underground commuter amenities Centre at Shenoy Nagar Metro Station, Chennai, built up area around 4 lakh square feet worth Rs 192.34 crore. For design & build pre-fabricated steel structure at Bangalore and Concrete & Block work for High Rise Apartments at Bangalore built up area around 10.81 lakh worth Rs 143.34 crore, and Concrete and Block work for High Rise Apartments at Bangalore built up area around 15 lakh built up area around worth Rs 163.60 crore.

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

B.L. Kashyap and Son Share Price

63.70 0.29 (0.46%)
17-May-2024 16:01 View Price Chart
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