Niraj Cement Structurals surges on bagging work order worth Rs 7.38 crore
Niraj Cement Structurals is currently trading at Rs. 38.50, up by 0.92 points or 2.45% from its previous closing of Rs. 37.58 on the BSE.
The scrip opened at Rs. 37.60 and has touched a high and low of Rs. 38.99 and Rs. 37.13 respectively. So far 8179 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. 39.22 and Rs. 37.02 respectively. The current market cap of the company is Rs. 156.57 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 Risk and Cost Work for Design & Construction of Balance Work of 104.50 mtr span major PMT Bridge (Subaigadhera bridge) with Steel super structure over Subaigadhera River at km 20.05 on Joshimath-Malari Road in 123 RCC/21 BRTF under project shivalik in Uttarakhand State from Border Roads Organisation (BRO) value of worth Rs 7.38 crore excluding GST. The order is to be executed within 291 days.
Niraj Cement Structurals is an infrastructure and construction company. The company focuses on road construction and development in India.
