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Choice International trades higher as its arm wins contracts of Rs 107 crore for Jal Jeevan Mission

Choice International Ltd. | Finance - Stock Broking | BFSI | BSE: 531358 | NSE: CHOICEIN

13 Apr 2022 Evaluate

Choice International is currently trading at Rs. 309.10, up by 5.30 points or 1.74% from its previous closing of Rs. 303.80 on the BSE.

The scrip opened at Rs. 314.90 and has touched a high and low of Rs. 319.35 and Rs. 307.70 respectively. So far 8858 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 319.00 on 11-Apr-2022 and a 52 week low of Rs. 92.93 on 10-May-2021.

Last one week high and low of the scrip stood at Rs. 319.00 and Rs. 265.00 respectively. The current market cap of the company is Rs. 1542.19 crore.

The promoters holding in the company stood at 64.31%, while Institutions and Non-Institutions held 5.03% and 30.65% respectively.

Choice International’s wholly owned subsidiary -- Choice Consultancy Services has won contracts amounting to approximately Rs 107 crore from Public Sector Undertaking of the Government of India to provide support for various rural water supply scheme under Indian government’s Jal Jeevan Mission. The scope of work for the contracts have been awarded for the state of Maharashtra and West Bengal for the services of preparing detailed project reports and project management services.

The estimated total expenditure by the Government of India for the projects won by Choice in Maharashtra and West Bengal are Rs 3519 crore and Rs 4100 crore respectively and is expected to generate consultancy fees for Choice Group of Rs 107 crore to be executed over a period of 2 years upto March 2024.

Choice International offers services in area of project financing, assisting in raising funds by equity or debt routes, debt structuring, private equity, acquisitions, long term strategic planning, turnaround and structuring and joint ventures, divestitures and takeovers.

Choice International Share Price

725.50 5.60 (0.78%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Motilal Oswal Fin	815.95
Angel One	323.35
IIFL Capital Service	313.40
Nuvama Wealth	1403.20
Share India Sec.	147.05
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Choice International trades higher as its arm wins contracts of Rs 107 crore for Jal Jeevan Mission

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