Conart Engineers hits upper circuit on bagging order worth Rs 16.52 crore
Conart Engineers is currently trading at upper limit of Rs. 89.20, up by 4.24 points or 4.99% from its previous closing of Rs. 84.96 on the BSE.
The scrip opened at Rs. 89.20 and has touched a high and low of Rs. 89.20 and Rs. 89.20 respectively. So far 18 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 5 has touched a 52 week high of Rs. 173.90 on 23-Dec-2024 and a 52 week low of Rs. 53.83 on 10-May-2024.
Last one week high and low of the scrip stood at Rs. 89.20 and Rs. 78.56 respectively. The current market cap of the company is Rs. 56.02 crore.
The promoters holding in the company stood at 44.23%, while Non-Institutions held 55.77% stake in the company.
Conart Engineers has received two orders worth around Rs 16.52 crore. The company has received first order worth Rs 7.49 crore for construction of compound wall of 2.7 meter height, with barbed wire fencing of nearly 1.5 KM length at SILOX India, Dahej. The order is to be executed within 12 months of mobilization at site started from April 15, 2025.
The company has bagged second order worth Rs 9.03 crore for civil work for site grading & earthwork of plot area 34.76 acre, of 2.5 lacs cubic meter which includes yellow soil filling brought from outside and cleaning of plot area for Removal of shunks and bushes at SILOX India, Dahej. The order is to be executed within 6 months of mobilization at site started from April 15, 2025.
Conart Engineers is one of the leading companies involved in detailed engineering, procurement and construction of industrial, commercial, residential and infrastructures.
