31-10-2023 10:28 AM | Source: Accord Fintech
BCPL Railway Infrastructure surges on bagging electrification project from Eastern Railway, Electrical Division

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BCPL Railway Infrastructure is currently trading at Rs. 65.26, up by 1.46 points or 2.29% from its previous closing of Rs. 63.80 on the BSE.

The scrip opened at Rs. 65.99 and has touched a high and low of Rs. 66.00 and Rs. 64.26 respectively. So far 4843 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 74.45 on 12-Jul-2023 and a 52 week low of Rs. 35.60 on 24-Mar-2023.

Last one week high and low of the scrip stood at Rs. 69.00 and Rs. 61.05 respectively. The current market cap of the company is Rs. 106.70 crore.

The promoters holding in the company stood at 73.30%, while Non-Institutions held 26.70% stake in the company.

BCPL Railway Infrastructure has received an Electrification project from Eastern Railway, Electrical Division, Sealdah. This order has been received for the work of '25 KV PSI and allied electrical works in connection with ‘Sonarpur-Lakshmikantapur-Rehabilitation of Control & Relay Panels with provision of latest numerical type Relays of Sealdah South Section’. The total project cost comprises of Rs 1.61 crore and it is expected to be executed over a period of 12 months.

Further works relating to Provision of 132/27 KV Standby Power Transformer, Single Phase at NMX TSS and GOGH TSS of Alipurduar Division under North Frontier Railway comprising of order value of Rs 9.23 crore is being commenced and is expected to be executed over a period of 12 months.

BCPL Railway Infrastructure is engaged in the field of railway infrastructure development. Its business activities include designing, drawing, supplying, erecting and commissioning of 25KV, 50 Hz Single Phase Traction Overhead Equipment.