B L Kashyap and Sons rose 1.33% to Rs 42 at 13:46 IST on BSE after the company said it secured new orders from domestic unrelated clients aggregating to approximately Rs 694 crore.
The announcement was made during trading hours today, 15 June 2018.Meanwhile, the S&P BSE Sensex was down 105.11 points, or 0.30% to 35,494.71.
On the BSE, 38,000 shares were traded in the counter so far compared with average daily volumes of 22,000 shares in the past two weeks. The stock had hit a high of Rs 43 and a low of Rs 41 so far during the day. The stock hit a 52-week high of Rs 71.95 on 21 November 2017. The stock hit a 52-week low of Rs 30.40 on 15 June 2017.
The projects are expected to be completed within 24 months from the date of award. The total order inflow during the year 2018 upto May 2018 stands at Rs 694 crore, the company said in a statement.
Net profit of B L Kashyap & Sons rose 1634.67% to Rs 26.02 crore on 2.44% rise in net sales to Rs 239.82 crore in Q4 March 2018 over Q4 March 2017.
B L Kashyap and Sons is one of the leading construction, infrastructure and civil engineering companies in India.
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