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Niraj Cement Structurals gains on bagging work order from Jawaharlal Nehru Port Trust
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Niraj Cement Structurals is currently trading at Rs. 46.70, up by 2.52 points or 5.70% from its previous closing of Rs. 44.18 on the BSE.
The scrip opened at Rs. 48.49 and has touched a high and low of Rs. 48.49 and Rs. 46.70 respectively. So far 34172 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 48.49 on 13-Dec-2023 and a 52 week low of Rs. 24.04 on 23-Mar-2023.
Last one week high and low of the scrip stood at Rs. 48.49 and Rs. 40.00 respectively. The current market cap of the company is Rs. 177.41 crore.
The promoters holding in the company stood at 24.26%, while Non-Institutions held 75.74% stake in the company.
Niraj Cement Structurals has received work order from Jawaharlal Nehru Port Trust for Up Gradation of Roads and Drainage System Outside Custom Bound Area in J N Port Navi-Mumbai through an Engineering Procurement and Construction (EPC) mode of value of worth Rs 210.98 crore excluding GST. The said order is expected to be executed in 24 Months.
Niraj Cement Structurals is an infrastructure and construction company. The company focuses on road construction and development in India.
