Richa Industries shines on bagging orders worth Rs 100 crore

05 Nov 2013 Evaluate

Richa Industries is currently trading at Rs. 22.35, up by 0.25 points or 1.13% from its previous closing of Rs. 22.10 on the BSE.

The scrip opened at Rs. 23.00 and has touched a high and low of Rs. 24.20 and Rs. 22.25 respectively. So far 33,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 26.95 on 30-Oct-2013 and a 52 week low of Rs. 13.05 on 10-Apr-2013.

Last one week high and low of the scrip stood at Rs. 26.95 and Rs. 18.90 respectively. The current market cap of the company is Rs. 49.00 crore.

The promoters holding in the company stood at 57.38% while Non-Institutions held 42.62% respectively.

Richa Industries has bagged new orders worth Rs 100 crore across both private and government sector. The company has secured a major order from Bihar state Warehousing Corporation for building 14 warehouses with project valued at Rs 45 crore. With this project, the company has taken full land development using most advanced technologies which ensures incomparable performance in terms of quality and quantity, significantly reducing both, the time required and project costs.

The company has also secured a high complexity turnkey warehousing project from one of the leading conglomerate of the Oil and petroleum industry ranked 88 in Fortune Global 500 listing for 2013, Indian Oil Corporation with the Project valued at Rs 18 crore. Meanwhile, the company also received order from Delhi Metro Rail Corporation worth Rs 12 crore. The company is contributing towards building Metro Depot in Faridabad which is a complete PEB project including workshop and Inspection Bay, car parking sheds, besides other units.

Richa industries Share Price

1.25 -0.05 (-3.85%)
21-May-2024 16:01 View Price Chart
Peers
Company Name CMP
PDS 441.00
Vardhman Textiles 445.00
Arvind 366.95
Welspun Living 143.35
Alok Inds 26.68
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.