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Karda Constructions rises on bagging contract for construction project worth Rs 38.84 crore

14 Jun 2019 Evaluate

Karda Constructions is currently trading at Rs. 210.00, up by 4.60 points or 2.24% from its previous closing of Rs. 205.40 on the BSE.

The scrip opened at Rs. 201.85 and has touched a high and low of Rs. 210.80 and Rs. 201.80 respectively. So far 4191 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 239.00 on 25-Feb-2019 and a 52 week low of Rs. 124.35 on 26-Oct-2018.

Last one week high and low of the scrip stood at Rs. 210.80 and Rs. 199.45 respectively. The current market cap of the company is Rs. 254.86 crore.

The promoters holding in the company stood at 65.04%, while Institutions and Non-Institutions held 1.13% and 33.83% respectively.

Karda Constructions has secured contract for construction project worth Rs 38.84 crore. The contract is for construction of 115 Police quarters, head quarter, City Police Station cum S.D.P.O. office for S.P. Buldhana in the state of Maharashtra. It includes all infrastructure amenities from Maharashtra State Police Housing and Welfare Corporation for 24 months.

Karda Constructions is primarily in construction of residential projects and recently they have been innovative in their approach to push the affordable housing segment by coming up with schemes such as ‘Capsule Homes’.

Dharan Infra-EPC Share Price

0.19 -0.01 (-5.00%)
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