BL Kashyap spurts 7% after order win

The company has received orders for construction of 2.5 million square feet built up commercial space in NCR & Chennai for an amount of Rs.270 crore (approx).

Sep 07, 2016 02:09 IST India Infoline News Service

Businessman showing growing charts
B.L.Kashyap & Sons Ltd is currently trading at Rs. 24.4, up by Rs. 1.3 or 5.63% from its previous closing of Rs. 23.1 on the BSE after the company has received orders for construction of 2.5 million square feet built up commercial space in NCR & Chennai for an amount of Rs.270 crore (approx).

The scrip opened at Rs. 22.95 and has touched a high and low of Rs. 26.55 and Rs. 22.15 respectively. So far 4738417 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 474.57 crore.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 26.25 on 09-Dec-2015 and a 52 week low of Rs. 8.25 on 01-Oct-2015. Last one week high and low of the scrip stood at Rs. 25.35 and Rs. 19.65 respectively.

The promoters holding in the company stood at 67.41 % while Institutions and Non-Institutions held 9.8 % and 22.78 % respectively.

The stock is currently trading above its 50 DMA.

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