Niraj Cement Structurals soars on bagging work orders worth Rs 88.32 crore
Niraj Cement Structurals is currently trading at Rs 29.15, up by 0.41 points or 1.43% from its previous closing of Rs. 28.74 on the BSE.
The scrip opened at Rs. 27.75 and has touched a high and low of Rs. 29.15 and Rs. 27.75 respectively. So far 197 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 69.60 on 18-Mar-2025 and a 52 week low of Rs. 27.70 on 02-Mar-2026.
Last one week high and low of the scrip stood at Rs. 29.47 and Rs. 27.70 respectively. The current market cap of the company is Rs. 171.56 crore.
The promoters holding in the company stood at 24.89%, while Institutions and Non-Institutions held 0.09% and 75.02% respectively.
Niraj Cement Structurals has received work orders aggregating to Rs 88.32 crore (including GST) under the EPC mode. The company has secured a work order worth Rs 80.12 crore (including GST) for the ‘Construction of Vehicular Underpass in Km Existing Ch. 466/650 at Khamdeo Naka in Village Insuli and Construction of Vehicular Underpass in Km Existing Ch. 450/370 at Zarap Sawantwadi Junction in Sindhudurg District in the State of Maharashtra on EPC Mode’ from Ministry of Road Transport and Highways (MoRTH).
In addition, the company has received a Rs 8.20 crore (including GST) order from Public Works Department (PWD) of Odisha for the Construction of a New Minor Bridge across Jeriguda Nallah at Km 297.520 (Design Chainage) of NH-326 including approaches in the State of Odisha on EPC Mode.
Further, Niraj Cement Structurals (JV) has secured a work order worth Rs 91.33 crore (including GST) from the National Highways Authority of India (NHAI) for the Construction of 03 Nos. of Vehicular Underpass (VUP) at Km 458+500, Km 460+800 and Km 475+200 and 01 No. Flyover at Km 449+100 with approach roads in the Puintola to Icchapuram section of NH-16 in the State of Odisha on Engineering, Procurement and Construction (EPC) Mode.
