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23-12-2024 02:58 PM | Source: Accord Fintech
Bigbloc Construction rises as its arm secures work order worth Rs 4.5 crore

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Bigbloc Construction is currently trading at Rs. 107.70, up by 0.90 points or 0.84% from its previous closing of Rs. 106.80 on the BSE.

The scrip opened at Rs. 110.00 and has touched a high and low of Rs. 112.75 and Rs. 107.35 respectively. So far 26110 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 148.50 on 16-Oct-2024 and a 52 week low of Rs. 80.50 on 08-Jan-2024.

Last one week high and low of the scrip stood at Rs. 113.90 and Rs. 105.10 respectively. The current market cap of the company is Rs. 1519.82 crore.

The promoters holding in the company stood at 72.48%, while Institutions and Non-Institutions held 0.32% and 27.20% respectively.

Bigbloc Construction’s subsidiary and Joint Venture -- Siam Cement Big Bloc Construction Technologies has secured a work order from TATA Projects for supply and installation of 100 mm AAC panels for its clients Micron for semiconductor factory coming up in Sanand near Ahmedabad Gujarat. 

The Broad consideration or size of the order is Rs 4.5 crore including GST of 18%. The order is to be completed within 3 months from the date of work order or from Notice to Proceed (NTP) from engineering incharge from project site whichever is earlier

Bigbloc Construction is engaged in the business of manufacturing of building blocks and AAC Bricks.