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Bharat Road Network climbs on eyeing inorganic growth opportunities

21 Nov 2019 Evaluate

Bharat Road Network is currently trading at Rs. 61.45, up by 1.35 points or 2.25% from its previous closing of Rs. 60.10 on the BSE.

The scrip opened at Rs. 62.00 and has touched a high and low of Rs. 62.00 and Rs. 60.90 respectively. So far 158 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 145.00 on 04-Apr-2019 and a 52 week low of Rs. 59.00 on 20-Nov-2019.

Last one week high and low of the scrip stood at Rs. 62.00 and Rs. 59.00 respectively. The current market cap of the company is Rs. 511.26 crore.

The promoters holding in the company stood at 53.76%, while Institutions and Non-Institutions held 1.34% and 44.90% respectively.

Bharat Road Network is eyeing inorganic growth opportunities, either through acquisition of projects or consolidation of its stake in existing projects. Through increased activity in the secondary market, it is continuously evaluating assets which are available at attractive valuation assuming such acquisitions are supported by sound strategic and financial objectives.

Bharat Road Network is an infrastructure company. It is engaged in the development and implementation of important roads and highways. The firm caters to the requirements of build-operate-transfer sector. 

Bharat Road Network Share Price

21.61 -0.01 (-0.05%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4094.95
Rail Vikas Nigam 303.10
NCC 161.30
KEC International 580.10
Kalpataru Projects 1232.90
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