BCPL Railway Infrastructure trades higher on bagging order for Rs 40.62 crore
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BCPL Railway Infrastructure is currently trading at Rs. 35.35, up by 2.65 points or 8.10% from its previous closing of Rs. 32.70 on the BSE.
The scrip opened at Rs. 32.75 and has touched a high and low of Rs. 35.45 and Rs. 32.05 respectively. So far 12297 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 63.40 on 15-Jul-2021 and a 52 week low of Rs. 31.00 on 16-Jun-2022.
Last one week high and low of the scrip stood at Rs. 39.80 and Rs. 31.00 respectively. The current market cap of the company is Rs. 57.70 crore.
The promoters holding in the company stood at 73.69%, while Institutions and Non-Institutions held NA% and 26.31% respectively.
BCPL Railway Infrastructure has bagged two orders -- one of 25KV OHE under BSP Division of South East Central Railway and another of Traction Sub-station (TSS) under Delhi Division of Northern Railway.
Contributing towards connecting the rural parts of the Madhya Pradesh, the Company has received work order of Electrification of 3rd Line between Singapur Road to Vilayatkala Road including modification of yards by 2x25 KV OHE in connection with Annuppur to Katni 3rd Line in Bilaspur Division under South East Central Railway, comprising of project cost of Rs 39.25 crore.
Further the Company has also received a work order of improvement work at TSS over Delhi Division under Northern Railway, comprising of project cost of Rs 1.37 crore.
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.
