25-10-2023 11:25 AM | Source: Accord Fintech
Niraj Cement Structurals rises on securing order worth Rs 86.70 crore

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Niraj Cement Structurals is currently trading at Rs. 36.50, up by 0.30 points or 0.83% from its previous closing of Rs. 36.20 on the BSE.

The scrip opened at Rs. 36.55 and has touched a high and low of Rs. 37.95 and Rs. 36.50 respectively. So far 1601 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 46.24 on 10-Aug-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. 39.00 and Rs. 36.10 respectively. The current market cap of the company is Rs. 146.57 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 for ES-232 Training Widening and Deepening of Ushanagar Nalla System (Upstream Side of Railway Line) in Catchment No.305 in Bhandup West from Municipal Corporation of Greater Mumbai (MCGM) value of worth Rs 86.70 crore excluding GST. The order is 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.