Orissa Bengal Carrier surges on getting LoI for transportation of materials of Jindal Stainless
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Orissa Bengal Carrier is currently trading at Rs. 361.00, up by 12.30 points or 3.53% from its previous closing of Rs. 348.70 on the BSE.
The scrip opened at Rs. 361.70 and has touched a high and low of Rs. 362.70 and Rs. 359.90 respectively. So far 16000 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 362.70 on 04-Jan-2022 and a 52 week low of Rs. 22.40 on 02-Jun-2021.
Last one week high and low of the scrip stood at Rs. 362.70 and Rs. 290.25 respectively. The current market cap of the company is Rs. 735.16 crore.
The promoters holding in the company stood at 66.61%, while Non-Institutions held 33.39% stake in the company respectively.
Orissa Bengal Carrier has won the tender and received the Letter of Intent (LoI) for transportation of materials of approximately 3 lakh tonnes of Jindal Stainless within a period of 2 years starting from January 01, 2022 to December 31, 2023 and the approximate value of the said tender shall be Rs 100 crore.
Orissa Bengal Carrier is a Raipur, Chhattisgarh based Logistics Company is engaged in goods transportation business.
