Nila Infrastructures is currently trading at Rs. 8.00, up by 0.18 points or 2.30% from its previous closing of Rs. 7.82 on the BSE.
The scrip opened at Rs. 8.00 and has touched a high and low of Rs. 8.15 and Rs. 7.80 respectively. So far 223830 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 19.49 on 16-Mar-2018 and a 52 week low of Rs. 5.80 on 18-Feb-2019.
Last one week high and low of the scrip stood at Rs. 8.80 and Rs. 6.79 respectively. The current market cap of the company is Rs. 315.11 crore.
The promoters holding in the company stood at 61.90%, while Institutions and Non-Institutions held 8.13% and 29.97% respectively.
Nila Infrastructures has received two orders pertaining to EPC contract aggregating Rs 655.6 million from Ahmedabad Urban Development Authority (AUDA). The project envisages overall construction of approximately 250,000 square feet carpet area for total 616 EWS (Cat.-II) flats for Economically Weaker Section (EWS) with around 402 square feet super built-up area each along with common amenities, infrastructure & development works of the entire site, electrification, and Supply, Installation, Testing and Commissioning (SITC) of Roof Top Solar PV System.
NILA is a growing entity in the real estate and urban infrastructure space. The company has been engaged in turnkey civic infrastructure constructions, besides the development and marketing of residential real estate schemes.
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