Nila Infrastructures moves higher on getting LOA worth Rs 17.94 crore
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Nila Infrastructures is currently trading at Rs. 5.62, up by 0.28 points or 5.24% from its previous closing of Rs. 5.34 on the BSE.
The scrip opened at Rs. 5.47 and has touched a high and low of Rs. 5.72 and Rs. 5.39 respectively. So far 69484 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 8.65 on 13-Nov-2022 and a 52 week low of Rs. 4.23 on 29-Mar-2023.
Last one week high and low of the scrip stood at Rs. 5.75 and Rs. 5.24 respectively. The current market cap of the company is Rs. 217.43 crore.
The promoters holding in the company stood at 61.90%, while Institutions and Non-Institutions held 2.82% and 35.28% respectively.
Nila Infrastructures has received Letter of Acceptance (LOA) worth Rs 17.94 crore from Gujarat Housing Board for construction of affordable housing units on PPP basis. The company has received LOA on August 24, 2023.
Nila Infrastructures has built for itself an enviable position engaging in turnkey civic urban infrastructure developments besides soaring high in new generation lifestyles in the real estate space.
