Shashijit Infraprojects touches roof on getting LoI worth Rs 2.9 crore from Apar Industries
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Shashijit Infraprojects is currently trading at its upper limit of Rs. 5.84, up by 0.27 points or 4.85% from its previous closing of Rs. 5.57 on the BSE.
The scrip opened at Rs. 5.59 and has touched a high and low of Rs. 5.84 and Rs. 5.30 respectively. So far 305348 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 2 has touched a 52 week high of Rs. 10.08 on 14-Sep-2023 and a 52 week low of Rs. 5.09 on 23-Feb-2024.
Last one week high and low of the scrip stood at Rs. 5.84 and Rs. 5.09 respectively. The current market cap of the company is Rs. 30.20 crore.
The promoters holding in the company stood at 51.16%, while Non-Institutions held 48.84% stake in the company.
Shashijit Infraprojects has been granted a Letter of Intent (LoI) for a Store Area Land Development Project by Apar Industries without Steel & Cement. The LoI is for the Store Area Land Development Project valued at around Rs 2.9 crore (excluding tax). The project site is located at their Khanwel-Unit VI, UT of DNH & DD.
This accomplishment marks a significant milestone for Shashijit Infraprojects, reaffirming its steadfast commitment to delivering top-notch construction services while contributing to the growth and advancement of the construction sector in the region.
Shashijit Infraprojects is a growing industrial and infrastructural Contracting company headquartered at Vapi, Gujarat. The company’s scope of work includes civil construction for industrial and residential projects, power plants, ETP plants, power service stations.
