K&R Rail Engineering touches roof on bagging work order from JK Cement
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K&R Rail Engineering is currently trading at upper limit of Rs. 542.90, up by 25.85 points or 5.00% from its previous closing of Rs. 517.05 on the BSE.
The scrip opened at Rs. 517.05 and has touched a high and low of Rs. 542.90 and Rs. 510.10 respectively. So far 36952 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 542.90 on 12-May-2023 and a 52 week low of Rs. 19.05 on 10-Aug-2022.
Last one week high and low of the scrip stood at Rs. 542.90 and Rs. 424.70 respectively. The current market cap of the company is Rs. 1044.54 crore.
The promoters holding in the company stood at 74.88%, while Non-Institutions held 25.12% stake in the company.
K&R Rail Engineering has bagged work order from JK Cement. The company has received order for the Design and Survey work of railway siding project at Muddapur in Bagalkot District of Karnataka State valued at more than Rs 300 crore.
K&R Rail Engineering is engaged in the business of manufacturing handmade, knotted, tufted carpets, druggets, readymade garments, hosiery, and bath rugs.
