Bharat Global Developers touches roof on securing Rs 120 crore infrastructure engineering order
Bharat Global Developers is currently trading at its upper circuit limit of Rs. 903.40, up by 43.00 points or 5.00% from its previous closing of Rs. 860.40 on the BSE.
The scrip opened at Rs. 901.00 and has touched a high and low of Rs. 903.40 and Rs. 901.00 respectively. So far 34235 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 1069.60 on 17-Oct-2024 and a 52 week low of Rs. 16.14 on 09-Nov-2023.
Last one week high and low of the scrip stood at Rs. 903.40 and Rs. 742.20 respectively. The current market cap of the company is Rs. 9146.78 crore.
The Non-Institutions held 100.00% stake in the company.
Bharat Global Developers (BGDL) has been awarded an Infrastructure Engineering Order valued at Rs 120 crore from Reliance Industries. This prestigious order involves the design, engineering, and construction of a Full-Fledged High-Capacity Fluidised Catalytic Cracker (FCC) unit. This project highlights BGDL’s expertise in delivering advanced refining technologies that meet high standards of efficiency, environmental compliance, and operational safety.
This order not only strengthens BGDL’s relationship with Reliance Industries but also reinforces its position as a trusted partner in delivering complex, high-stakes engineering solutions. The project further demonstrates BGDL’s commitment to excellence and its capability to execute projects that adhere to the highest environmental and safety standards. This addition to the company's portfolio is a testament to BGDL’s growing Infrastructure and construction division and its capacity to add value for its stakeholders through complex engineering projects.
Bharat Global Developers is operating in the IT Equipments & Peripherals Sector.