Constronics Infra touches the roof on securing contract worth Rs 42.32 crore
Constronics Infra is currently trading at its upper limit of Rs. 72.02, up by 1.41 points or 2.00% from its previous closing of Rs. 70.61 on the BSE.
The scrip opened at Rs. 72.02 and has touched a high and low of Rs. 72.02 and Rs. 72.02 respectively. So far 2048 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 72.02 on 05-July-2024 and a 52 week low of Rs. 6.65 on 07-Jul-2023.
Last one week high and low of the scrip stood at Rs. 72.02 and Rs. 57.55 respectively. The current market cap of the company is Rs. 90.23 crore.
The promoters holding in the company stood at 18.47%, Non-Institutions held 81.53% stake in the company.
Constronics Infra has received contract for a value of Rs 42.32 crore (excluding taxes) from KCP Infra. The contract is for construction of fly over including junction improvements at Km 348/6 - 349/8 of NH 67 (Km 15/6 - 16/8 of New NH 181). The order is to be executed within 22 months.
Earlier, the company had received contract for a value of Rs 4.64 crore (excluding taxes) from the M/s. Karunya Institute of Technology and Sciences, Coimbatore.
Constronics Infra is engaged in the manufacture of quality Orthopaedic Implants and Instruments.