Ducon Infratechnologies touches roof on the BSE
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Ducon Infratechnologies is currently trading at its upper circuit limit of Rs. 23.90, up by 1.10 points or 4.82% from its previous closing of Rs. 22.80 on the BSE.
The scrip opened at Rs. 23.00 and has touched a high and low of Rs. 23.90 and Rs. 22.50 respectively. So far 122531 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 1 has touched a 52 week high of Rs. 31.80 on 12-Jan-2022 and a 52 week low of Rs. 5.42 on 16-Mar-2021.
Last one week high and low of the scrip stood at Rs. 25.00 and Rs. 20.70 respectively. The current market cap of the company is Rs. 491.56 crore.
The promoters holding in the company stood at 70.23% and Non-Institutions held 29.77%.
Ducon Infratechnologies has secured projects in its Bulk Material Handling Segment from National Aluminium Company (NALCO), a Central Government Enterprise and a Navaratna. Ducon will execute Lumpsum Turnkey projects with its proven technology for Alumina Handling & Wagon Loading package at NALCO Damanjodi Refinery and Alumina Handling Package at Vizag Port. The Order Value is in the range of Rs 125-150 crore.
Ducon has been NALCO’s trusted partner since 2002 and has executed multiple projects. In addition to this new order, Ducon is already executing a project at NALCO’s Aluminium Smelter at Angul, Orissa. This is the Second Alumina Handling Project for Ducon in the current financial year.
Ducon Infratechnologies is a rapidly growing diversified technology company that operates in a variety of business segments, to provide solutions and meet challenges in the digital and infrastructure business sectors.
