KBC Global shines as its arm wins contract worth $20 million
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KBC Global is currently trading at Rs. 1.84, up by 0.08 points or 4.55% from its previous closing of Rs. 1.76 on the BSE.
The scrip opened at Rs. 1.89 and has touched a high and low of Rs. 1.93 and Rs. 1.82 respectively. So far 12892764 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 3.51 on 16-Jun-2023 and a 52 week low of Rs. 1.57 on 12-Jun-2024.
Last one week high and low of the scrip stood at Rs. 1.93 and Rs. 1.57 respectively. The current market cap of the company is Rs. 208.43 crore.
The promoters holding in the company stood at 1.98%, while Institutions and Non-Institutions held 0.78% and 97.24% respectively.
KBC Global’s wholly owned subsidiary-- Karda International Infrastructure has been awarded a sub contract of civil engineering job of soft infrastructure segment worth $20 million by CRJE (East Africa), which is a modern enterprise with a glorious history of building Railways and 5 star hotels across Africa. It has Developed from TAZARA Construction Aiding Team of Jianchang Engineering Bureau of China Ministry of Railways and also known as part of China Railway Construction Group company. It’s established for East Africa Business development. KBC Global has taken its first step in becoming a key part of Africa’s Infrastructure development.
KBC Global (formally known as Karda Construction) is a client focused real estate development company.
