Bharat Global Developers touches roof on bagging contract worth Rs 650 crore
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Bharat Global Developers is currently trading at upper limit of Rs. 1073.50, up by 51.10 points or 5.00% from its previous closing of Rs. 1022.40 on the BSE.
The scrip opened at Rs. 971.30 and has touched a high and low of Rs. 1073.50 and Rs. 971.30 respectively. So far 138953 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 1702.95 on 28-Nov-2024 and a 52 week low of Rs. 42.24 on 11-Dec-2023.
Last one week high and low of the scrip stood at Rs. 1192.40 and Rs. 971.30 respectively. The current market cap of the company is Rs. 10870.22 crore.
The Non-Institutions held 100.00% stake in the company.
Bharat Global Developers (BGDL) has secured a prestigious annual supply contract worth Rs 650 crore for its Agro Division from TATA Agro & Consumer Products. This partnership underscores BGDL's commitment to delivering quality, reliability, and excellence in the agricultural commodities space.
Under this agreement, BGDL will supply a range of premium agricultural commodities, including tea leaves, coffee beans, organic pulses, coconuts, groundnuts, mustard and sesame seeds, as well as premium dry fruits such as almonds, cashews, nutmeg, and walnuts. The supply will be executed throughout the year in a phased manner, ensuring timely delivery to TATA Agro & Consumer Products. This collaboration reaffirms its capabilities in managing large-scale operations while adhering to stringent quality standards, further strengthening its position in the market.
Bharat Global Developers is operating in the IT Equipments & Peripherals Sector.
