Ramky Infrastructure moves up on entering into two contracts with Greater Chennai Corporation
Ramky Infrastructure is currently trading at Rs. 456.15, up by 2.00 points or 0.44 % from its previous closing of Rs. 454.15 on the BSE.
The scrip opened at Rs. 452.55 and has touched a high and low of Rs. 463.45 and Rs. 450.40 respectively. So far 13331 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1008.90 on 02-Feb-2024 and a 52 week low of Rs. 269.00 on 21-Mar-2023.
Last one week high and low of the scrip stood at Rs. 560.00 and Rs. 427.80 respectively. The current market cap of the company is Rs. 3143.66 crore.
The promoters holding in the company stood at 69.81%, while Institutions and Non-Institutions held 0.99% and 29.20% respectively.
Ramky Infrastructure has entered into two contracts with Greater Chennai Corporation, Chennai, Tamil Nadu for Reclamation of Kodungaiyur Dumping Ground through Biomining (Packages 2 and 5). These contracts have enhanced the capability of the company in the field of providing Eco Infrastructure Solutions to the society and nation at large. The said contracts are to be completed in 2 years and 4 months.
Ramky Infrastructure (RIL) is the flagship company of the Ramky Group, one of the leading civil and infrastructure engineering companies in India.