Kridhan Infra shines on arm bagging order worth $36 Million

15 Feb 2019 Evaluate

Kridhan Infra is currently trading at Rs. 32.70, up by 1.75 points or 5.65% from its previous closing of Rs. 30.95 on the BSE.

The scrip opened at Rs. 32.90 and has touched a high and low of Rs. 33.50 and Rs. 32.35 respectively. So far 24365 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 122.50 on 06-Apr-2018 and a 52 week low of Rs. 30.00 on 14-Feb-2019.

Last one week high and low of the scrip stood at Rs. 33.85 and Rs. 30.00 respectively. The current market cap of the company is Rs. 308.51 crore.

The promoters holding in the company stood at 47.15%, while Institutions and Non-Institutions held 16.09% and 36.76% respectively.

Kridhan Infra’s (KIL) Singapore subsidiary -- KH Foges has bagged a new order in Singapore worth $36 Million (Rs 187 Crore). The subsidiary has been contracted to execute Piling Works & Earthworks for a Sports and Recreation Centre for a Proposed 6-Storey Sports Centre Comprising Punggol Drive and is to be executed over a period of 6-7 months.

The new project has made KH Foges total order book to climb above $90 million. The company is now the 2nd largest foundation engineering company in Singapore, possessing the prestigious L6 certification, which enables them to bid for unlimited value projects for piling work.

Kridhan Infra is an ISO 9001:2008 certified infrastructure solutions company. The company is one of the pioneers in introducing the concept of ready to use steel for the construction industry in the country.

Kridhan Infra Share Price

4.15 0.08 (1.97%)
14-Nov-2024 16:59 View Price Chart
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