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26-12-2024 10:12 AM | Source: Accord Fintech
Ramky Infrastructure soars on getting LoA worth around Rs 215.08 crore

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Ramky Infrastructure is currently trading at Rs. 623.35, up by 17.85 points or 2.95% from its previous closing of Rs. 605.50 on the BSE.

The scrip opened at Rs. 623.90 and has touched a high and low of Rs. 634.20 and Rs. 620.65 respectively. So far 2020 shares were traded on the counter.

The BSE group 'A' 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. 427.80 on 14-Mar-2024.

Last one week high and low of the scrip stood at Rs. 635.55 and Rs. 595.30 respectively. The current market cap of the company is Rs. 4189.93 crore.

The promoters holding in the company stood at 69.81%, while Institutions and Non-Institutions held 1.14% and 29.05% respectively.

Ramky Infrastructure has received ‘Letter of Acceptance’ (LoA) from Hyderabad Metropolitan Water Supply and Sewerage Board (HMWSSB) for Manning, Operation and Maintenance of STPs' and its connecting Interception and Diversion under HMWSSB jurisdiction for a period of five years. The size of contract is around Rs 215.08 crore (Exclusive of CST).

Ramky Infrastructure (RIL) is the flagship company of the Ramky Group, one of the leading civil and infrastructure engineering companies in India.