Brahmaputra Infrastructure shines on inking pact with NHAI
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Brahmaputra Infrastructure is currently trading at Rs. 87.90, up by 3.87 points or 4.61% from its previous closing of Rs. 84.03 on the BSE.
The scrip opened at Rs. 86.68 and has touched a high and low of Rs. 88.23 and Rs. 86.00 respectively. So far 21237 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 95.64 on 08-Apr-2024 and a 52 week low of Rs. 31.25 on 31-May-2023.
Last one week high and low of the scrip stood at Rs. 88.90 and Rs. 82.00 respectively. The current market cap of the company is Rs. 253.91 crore.
The promoters holding in the company stood at 74.05%, while Institutions and Non-Institutions held 0.42% and 25.53% respectively.
Brahmaputra Infrastructure has signed agreement with the office of General Manager (Tech.) - Ne NHAI (National Highway Authority of India), Ministry of Road Transport and Highways, Government of India of an total amount Rs 50.80 crore for the execution of the Contract for Four Lane divided carriageway Road with paved shoulders configuration from km. 5+500 to km. 35.862 of NH-36 and km. 00+000 to 22+000 of NH-54 including 2.107 km Doboka Bypass in the state of Assam on PBMC Mode. The company has signed agreement on May 29, 2024.
Brahmaputra Infrastructure has established itself as service provider of builder’s developers. The company also in the business segment of real estate division, heavy civil construction division.
