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Navkar Corporation inches up on bagging Rs 48 crore contract in Tamil Nadu

15 Oct 2026 Evaluate

Navkar Corporation is currently trading at Rs. 85.0, up by 0.11 points or 0.13% from its previous closing of Rs. 84.96 on the BSE.

The scrip opened at Rs. 85.54 and has touched a high and low of Rs. 85.54 and Rs. 84.50 respectively. So far 2412 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 132.05 on 15-Oct-2025 and a 52 week low of Rs. 74.28 on 30-Mar-2026.

Last one week high and low of the scrip stood at Rs. 87.00 and Rs. 83.00 respectively. The current market cap of the company is Rs. 1279.41 crore.

The promoters holding in the company stood at 70.37%, while Institutions and Non-Institutions held 0.52% and 29.11% respectively.

Navkar Corporation has secured Letter of Acceptance for contract worth around Rs 48 crore from Office of the Sr. DCM, Commercial Department, Salem, Southern Railway, Tamil Nadu. The contract involves construction & operation of Gati Shakti Multi-Modal Cargo Terminal entirely on Railway Land at Kulipalaiyam station in Uttukuli to Tiruppur section.

The company is required to complete the construction of the GCT within 18 months from the date of grant of approval of construction or handing over the railway land whichever is later. The Railway land shall be licensed for a period of 35 years. 

Navkar Corporation is engaged in the operations of Container Freight Station and Inland Container Depot.

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