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Bigbloc Construction hits new 52-week high on entering into joint-venture agreement with SCG International India

Bigbloc Construction Ltd. | Cement & Construction Materials | Construction & Infrastructure | BSE: 540061 | NSE: BIGBLOC

15 Dec 2021 Evaluate

Bigbloc Construction is currently trading at Rs. 53.80, up by 0.55 points or 1.03% from its previous closing of Rs. 53.25 on the BSE.

The scrip opened at Rs. 53.85 and has touched a high and low of Rs. 54.60 and Rs. 51.75 respectively. So far 67675 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 54.60 on 15-Dec-2021 and a 52 week low of Rs. 15.44 on 20-Apr-2021.

Last one week high and low of the scrip stood at Rs. 54.60 and Rs. 43.85 respectively. The current market cap of the company is Rs. 381.19 crore.

The promoters holding in the company stood at 71.09% and Non-Institutions held 28.91%.

Bigbloc Construction has entered into a joint-venture agreement with SCG International India (SCG INTL India), a wholly owned subsidiary of Siam Cement Public Company (SCG) under Cement-Building Materials Business, to engage in the production and sale of lightweight concrete panels and blocks with the total capacity of approximately 2.6 million square meter (approximately 250,000 cubic meter) in Gujarat, India where construction is a big and growing industry.

The company will hold a 52% equity stake in the Joint Venture, while the remaining 48% stake will be held by SCG INTL India. The total value of this project is Rs 89.10 crore. Plant construction is expected to be complete within one year, followed by commercial runs.

Bigbloc Construction is engaged in the business of manufacturing of building blocks and AAC Bricks.

Bigbloc Construction Share Price

52.68 1.98 (3.91%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Ultratech Cement	11887.30
Ambuja Cement	458.95
ACC	1431.85
Shree Cement	25301.95
Dalmia Bharat	1972.55
View more..

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Bigbloc Construction hits new 52-week high on entering into joint-venture agreement with SCG International India

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