Tantia Constructions touches roof on getting LoA from South Eastern Rly
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Tantia Constructions is locked its upper circuit limit at Rs. 17.50, up by 0.80 points or 4.79% from its previous closing of Rs. 16.70 on the BSE.
The scrip opened at Rs. 16.70 and has touched a high and low of Rs. 17.50 and Rs. 16.70 respectively. So far 3632 shares were traded on the counter.
The BSE group 'Z ' stock of face value Rs. 10 has touched a 52 week high of Rs. 33.85 on 29-Dec-2021 and a 52 week low of Rs. 1.70 on 15-Mar-2021.
Last one week high and low of the scrip stood at Rs. 19.00 and Rs. 15.65 respectively. The current market cap of the company is Rs. 50.30 crore.
The promoters holding in the company stood at 72.88%, while Non-Institutions held 27.12%.
Tantia Constructions has received a Letter of Acceptance (LoA) for a bid value amounting to Rs 42.18 crore from South Eastern Rly, SER-CONST-HQENGG against a contract work for 'Construction of Major Bridge Nos. 234 (5x12.20m Composite Girder) at Km: 205.398, 235 (9x18.30m Composite Girder) at Km: 206.45, 238 (3x12.20m Composite Girder) at Km: 208.754 and 239 (2x12.2m+2x18.30m Composite Girder) at Km: 209.367 in between Basta and Rupsa including Foundation, Substructure, Superstructure and other miscellaneous works in connection with proposed 3rd line between Narayangarh - Bhadrak section of S. E. Railway.
Tantia Constructions is a core infrastructure company.A pioneer in creating infrastructure in Eastern India.
