Bigbloc Construction shines as its JV inks pact to supply of Machinery, Technical Services for AAC Plant
Bigbloc Construction is currently trading at Rs. 162.05, up by 6.60 points or 4.25% from its previous closing of Rs. 155.45 on the BSE.
The scrip opened at Rs. 156.35 and has touched a high and low of Rs. 165.00 and Rs. 155.50 respectively. So far 29820 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 179.25 on 18-May-2023 and a 52 week low of Rs. 91.75 on 24-Jun-2022.
Last one week high and low of the scrip stood at Rs. 170.55 and Rs. 153.95 respectively. The current market cap of the company is Rs. 1147.12 crore.
The promoters holding in the company stood at 72.27%, while Institutions and Non-Institutions held 0.05% and 27.67% respectively.
Bigbloc Construction’s Joint Venture (JV) Company -- M/s Siam Cement Big Bloc Construction Technologies (Joint Venture with M/s SCG International India) has entered into agreement for Supply of Machinery and Technical Service for Autoclave Aerated Concrete Blocks (AAC) Plant with M/s Changzhou Machinery and Equipment Imp. and Exp., China & M/s Jiangsu Teeyer Intelligent Equipment, China.
Bigbloc Construction is engaged in the business of manufacturing of building blocks and AAC Bricks.
