Brahmaputra Infrastructure trades higher on inking pact with Water Resource Department in Assam
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Brahmaputra Infrastructure is currently trading at Rs. 86.20, up by 2.40 points or 2.86% from its previous closing of Rs. 83.80 on the BSE.
The scrip opened at Rs. 84.96 and has touched a high and low of Rs. 86.25 and Rs. 82.00 respectively. So far 21171 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. 31.05 on 29-May-2023.
Last one week high and low of the scrip stood at Rs. 90.90 and Rs. 78.93 respectively. The current market cap of the company is Rs. 250.28 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 the agreement, with the Chief Engineer Water Resource Department, Assam Water Centre, Basistha Chariali, Guwahati-29 for the execution of the Contract for Underwater riverbank Protection works (Section 1) and above water riverbank protection works (Section 2), Package No. W2PG (B) /Gumi subproject in Kamrup (Rural) district (at Siminia area, Makadhuj Area to Futuri, Dakhala (Kalitapara), Guimara and Adaptation Works) underwater riverbank protection works (Section 1) and above water riverbank protection works (Section 2), Package No. W2- PG(A) of an total amount Rs 69.96 crore.
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.
