Faalcon Concepts touches roof on bagging work order worth Rs 6.96 crore
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Faalcon Concepts is currently trading at upper limit of Rs. 65.62, up by 3.12 points or 4.99% from its previous closing of Rs. 62.50 on the BSE.
The scrip opened at Rs. 65.31 and has touched a high and low of Rs. 65.62 and Rs. 65.23 respectively. So far 18000 shares were traded on the counter.
The BSE group 'MT' stock of face value Rs. 10 has touched a 52 week high of Rs. 95.00 on 26-Apr-2024 and a 52 week low of Rs. 48.80 on 05-Jun-2024.
Last one week high and low of the scrip stood at Rs. 65.62 and Rs. 59.40 respectively. The current market cap of the company is Rs. 44.82 crore.
The promoters holding in the company stood at 65.56%, while Institutions and Non-Institutions held 0.03% and 34.41% respectively.
Faalcon Concepts has received new work order from Sirohi Infotech with order value amounting to Rs 6.96 crore. The order is for monthly billing related to material delivery & performance. The said order is expected to be completed in 9 months.
Earlier, the company had received order from Maconns infra with order value amounting to Rs 20.65 crore
Faalcon Concepts is engaged in designing, engineering, fabrication and installation of facade systems. It specialises in technically demanding facades. It offers various range of products to meet the demands of its customers.
