Vrundavan Plantation gains on securing orders from The Tata Power Company
Vrundavan Plantation is currently trading at Rs. 59.05, up by 1.05 points or 1.81% from its previous closing of Rs. 58.00 on the BSE.
The scrip opened at Rs. 59.15 and has touched a high and low of Rs. 59.15 and Rs. 59.05 respectively. So far 2400 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 69.03 on 05-Feb-2025 and a 52 week low of Rs. 32.00 on 28-Mar-2024.
Last one week high and low of the scrip stood at Rs. 65.99 and Rs. 58.00 respectively. The current market cap of the company is Rs. 31.49 crore.
The promoters holding in the company stood at 62.65%, while Non-Institutions held 37.35% stake in the company.
Vrundavan Plantation has secured two orders from The Tata Power Company. The first order is for services for Tree plantation (24000’s) at Ash Pond of The Tata Power Company, Mundra Thermal Power Station. The second order is for AMC services for horticulture work at The Tata Power Company, Mundra Thermal Power Station. The total combined value of these orders is Rs 1.78 crore and both the orders are to be executed within around two years.
Earlier, the company had secured an order from Millennium Park Holdings for Supply of Korean Carpet Lawn; Supply and Planting of Semi Carpet Lawn; and Supply and Planting of Mixed Forest Tree.
Vrundavan Plantation is engaged into nursery business. The company's main business comprises of Landscape Development, Horticulture/Plantation/Landscape maintenance Works, Irrigation works and Nursery Business.
