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16-12-2024 12:02 PM | Source: Accord Fintech
Bharat Global Developers touches roof on completing Rs 300 crore FCC project for Reliance Industries

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Bharat Global Developers is currently trading at upper limit of Rs. 1242.65, up by 59.15 points or 5.00% from its previous closing of Rs. 1183.50 on the BSE.

The scrip opened at Rs. 1240.05 and has touched a high and low of Rs. 1242.65 and Rs. 1240.05 respectively. So far 197812 shares were traded on the counter.

The BSE group 'T' 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. 45.70 on 15-Dec-2023.

Last one week high and low of the scrip stood at Rs.1242.65 and Rs. 971.30 respectively. The current market cap of the company is Rs. 12583.02 crore.

The Non-Institutions held 100.00% stake in the company.

Bharat Global Developers (BGDL) has successfully completed the Rs 300 crore Fluidized Catalytic Cracker (FCC) project for Reliance Industries. This achievement underscores BGDL's commitment to delivering large-scale, high value infrastructure projects with precision, quality, and adherence to timelines.

The FCC unit, which is a pivotal component of Reliance Industries’ refinery operations, was designed and constructed to meet the highest operational and environmental standards. The project highlights BGDL's engineering excellence and ability to execute complex industrial infrastructure projects seamlessly, aligning with global best practices.

The successful completion of this project strengthens its longstanding relationship with Reliance Industries and reinforces BGDL's reputation as a reliable partner for executing high-value contracts in the industrial and infrastructure sectors. With this milestone achieved, BGDL continues to focus on executing other key projects within its robust order book, valued at over Rs 1,500 crore. These include the Tata Agro annual supply contract, the McCain India AgriTech project, and Dubai subsidiary orders for precious metals and stones.

Bharat Global Developers is operating in the IT Equipments & Peripherals Sector.