Download Unicorn Signals App

Powered By EquityPandit
 Signals, Powered By  EquityPandit
MARKETS

BL Kashyap Shares Skyrocketed 7% on Receiving Order Worth Rs 208 Crore

The company’s total order book value stands at Rs 3,165 crore for the current fiscal year.

Shares of BL Kashyap & Sons Limited rallied 7% on 16 February after the company announced receiving a new work order worth Rs 208 crore.

In its regulatory filing, the company said that they have secured a new order worth Rs 208 crore for the construction of Block D1 & D2 (SEZ) at Embassy Manyata Business Park Campus, Bangalore, from Manyata Promoters Private Limited that has to be completed in 19 months.

Some of the company’s most prestigious projects included Delhi Airport Terminal 1D, Manyata Business Park, Daimler Mercedes Plant, NHSRCL–Sabarmati Station, and many more.

The company’s total order book value stands at Rs 3,165 crore for the current fiscal year, taking into consideration the above orders they have received.

The company is an Engineering, Procurement, and Construction (EPC) services provider engaged in the business of constructing high-rises, buildings, residential and commercial complexes, institutional buildings, IT parks, metros, and many more.

At 3:30 pm, the shares of BL Kashyap closed 1.75% higher at Rs 75.50 on NSE.

Get Daily Prediction & Stocks Tips On Your Mobile