Shashijit Infraprojects touches the roof on getting LoI worth Rs 23.59 crore for civil work
Shashijit Infraprojects is locked its upper circuit limit at Rs. 5.17, up by 0.10 points or 1.93% from its previous closing of Rs. 5.17 on the BSE.
The scrip opened at Rs. 5.17 and has touched a high and low of Rs. 5.17 and Rs. 5.17 respectively. So far 124532 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 2 has touched a 52 week high of Rs. 8.40 on 10-Jul-2024 and a 52 week low of Rs. 2.40 on 26-Dec-2024.
Last one week high and low of the scrip stood at Rs. 5.27 and Rs. 4.86 respectively. The current market cap of the company is Rs. 26.74 crore.
The promoters holding in the company stood at 47.30%, while Non-Institutions held 52.70% in the company.
Shashijit Infraprojects has received a Letter of Intent (LoI) for civil work from M/s Silverbell Realty, valued at Rs 23.59 crore (exclusive of taxes) for their Vapi site. The order is to be executed within 24-30 months.
Earlier, the company had secured order worth around Rs 8.34 crore (Excluding Taxes) from Toyo Ink India for construction of Polymer Factory Building, Boiler and Warehouse.
Shashijit Infraprojects is a growing industrial and infrastructural Contracting company headquartered at Vapi, Gujarat.
