MoneyWorks4Me

Conart Engineers zooms on bagging work order worth Rs 4.5 crore

12 Jan 2024 Evaluate

Conart Engineers is currently trading at Rs. 70.84, up by 4.64 points or 7.01% from its previous closing of Rs. 66.20 on the BSE.

The scrip opened at Rs. 69.90 and has touched a high and low of Rs. 72.90 and Rs. 69.50 respectively. So far 37746 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 75.90 on 26-Dec-2023 and a 52 week low of Rs. 33.00 on 20-Apr-2023.

Last one week high and low of the scrip stood at Rs. 72.90 and Rs. 65.05 respectively. The current market cap of the company is Rs. 21.98 crore.

The promoters holding in the company stood at 44.54%, while Non-Institutions held 55.46% stake in the company.

Conart Engineers has received work order from M/s Jecon Engineers, Vadodara for construction of New Industrial Shed and utilities at Lamdapura, Savli, Dist. Vadodara, Gujarat, India. The value of the project is around Rs 4.5 crore (depends on any changes in the final layout plan and extra work, if any). 

Conart Engineers is one of the leading companies involved in detailed engineering, procurement and construction of industrial, commercial, residential and infrastructures.

Peers
Company Name CMP
Larsen & Toubro 3685.50
Kalpataru Projects 1357.40
NCC 130.10
Rail Vikas Nigam 197.00
KEC International 372.40
View more..