Brahmaputra Infrastructure touches roof on getting LoA worth Rs 38.75 crore
Brahmaputra Infrastructure is currently trading at its upper limit of Rs. 67.67, up by 1.32 points or 1.99% from its previous closing of Rs. 66.35 on the BSE.
The scrip opened at Rs. 67.67 and has touched a high and low of Rs. 67.67 and Rs. 67.67 respectively. So far 35247 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 71.50 on 27-Dec-2023 and a 52 week low of Rs. 26.00 on 30-Jan-2023.
Last one week high and low of the scrip stood at Rs. 67.67 and Rs. 64.58 respectively. The current market cap of the company is Rs. 196.37 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 received a Letter of Acceptance (LoA) worth Rs 38.75 crore from the office of Chief Manager, Water Resource Department, Assam Water Centre, Guwahati for the execution of the Contract for Procurement of Works for Dibrugarh Riverbank Protection Work, Dibrugarh District at Nagakhelia, Chaulkhowa as D/S of Bogibeel Bridge and Adaption Works - I and III underwater works and temporary slope protection works ( Section 1) AND Above water works with Permanent riverbank revertment works (Section 2) (Package no W5- DG- Lot 1).
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.
