Brahmaputra Infrastructure surges on emerging as lowest bidder for Mizoram Project

Brahmaputra Infrastructure is currently trading at Rs. 16.90, up by 1.15 points or 7.30% from its previous closing of Rs. 15.75 on the BSE.

The scrip opened at Rs. 17.40 and has touched a high and low of Rs. 17.40 and Rs. 15.75 respectively. So far 6954 shares were traded on the counter.

The BSE group ‘X’ stock of face value Rs. 10 has touched a 52 week high of Rs. 22.00 on 05-Jan-2021 and a 52 week low of Rs. 9.44 on 24-Nov-2020.

Last one week high and low of the scrip stood at Rs. 17.90 and Rs. 15.05 respectively. The current market cap of the company is Rs. 49.04 crore.

The promoters holding in the company stood at 74.05% and Non-Institutions held 25.95%.

Brahmaputra Infrastructure has been declared a lowest bidder for a quoted Price of Rs. 102.22 crore for the work Protection of cutting and embankment by Construction of RCC retaining wall, catch water drain, sub surface drain, shot creting/ Providing Concrete canvas, geo jute textile turfing on slopes, finishing of blanketing materials etc, in between station kawnpuri & sairang ( 30.00 km to 49.200 km) in connection with the construction of New BG Railway line from Bairabi to Sairang ( Mizoram Project).

Leave a Comment