BCPL Railway Infrastructure surges on bagging order from Rail Infrastructure Development Company
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BCPL Railway Infrastructure is currently trading at Rs. 43.35, up by 1.30 points or 3.09% from its previous closing of Rs. 42.05 on the BSE.
The scrip opened at Rs. 41.60 and has touched a high and low of Rs. 43.40 and Rs. 41.60 respectively. So far 9249 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 55.00 on 09-Nov-2022 and a 52 week low of Rs. 30.50 on 05-Jul-2022.
Last one week high and low of the scrip stood at Rs. 44.15 and Rs. 41.60 respectively. The current market cap of the company is Rs. 71.58 crore.
The promoters holding in the company stood at 73.30%, while Non-Institutions held 26.70% stake in the company.
BCPL Railway Infrastructure has received an order from K-Ride ‘Rail Infrastructure Development Company (Karnataka)’. This order has been received for the work of 25 KV AC, 50 Hz, Single Phase OHE for Doubling of Yeshvantpur - Banasawadi (29 Track Kilometre) incl. construction of Hebbal SP, Modification of Yeshvantpur SSP and Diversion of IR track for 6 nos LC elimination to construct Corridor-2 of BSRP.
The total project cost comprises of Rs 25.47 crore and it is expected to be executed over a period of 18 months.
BCPL Railway Infrastructure is engaged in the field of railway infrastructure development. Its business activities include designing, drawing, supplying, erecting and commissioning of 25KV, 50 Hz Single Phase Traction Overhead Equipment.
