Tantia Constructions spurts on bagging order worth Rs 38.17 crore from IRCON

30 Oct 2012

Tantia Constructions is currently trading at Rs. 57.00, up by 0.50 points or 0.88% from its previous closing of Rs. 56.50 on the BSE.

The scrip opened at Rs. 55.80 and has touched a high and low of Rs. 57.50 and Rs. 55.75 respectively. So far 2,544 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 64.55 on 18-Jul-2012 and a 52 week low of Rs. 31.60 on 21-Dec-2011.

Last one week high and low of the scrip stood at Rs. 57.50 and Rs. 54.80 respectively. The current market cap of the company is Rs. 98.00 crore.

The promoters holding in the company stood at 56.04% while Institutions and Non-Institutions held 7.85% and 36.11% respectively.

Tantia Constructions has received a project worth Rs 38.17 crore from IRCON International for work related to construction of embankment, side drains, retaining walls, and blanketing works, bridges (minor and major) and other ancillary items for construction of new broad gauge railway line from Jogbani to Biratnagar (Nepal) in Nepal Portion from Km 5+445 to Km 18+601.

Tantia Constructions operates as an infrastructure construction company in India. It is involved in the construction, widening, conversion, maintenance, strengthening, and beautification of roadways, road bridges, highways, and flyovers. 

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323