Stocks

BL Kashyap bags orders worth ₹652 cr

| Updated on January 14, 2019 Published on January 14, 2019

BL Kashyap & Sons on Monday informed the bourses that it has received orders worth ₹652 crore. The projects are from various unrelated domestic clients from varied sectors, it said, and added that the projects will be carried out in Bengaluru and Chennai, the building & civil engineering construction company said in its filing. Most projects are expected to be completed in 24 months from the date of award, it added. The five projects include design and construction of underground commuter amenities centre in Chennai worth ₹192.34 crore; design and build prefabricated steel structure at Bengaluru worth ₹143.24 crore; and concrete and block work for high-rise apartments at Bengaluru worth ₹163.60 crore. After rising to ₹23.95, shares of BL Kashyap settled at ₹22.75, up 10.44 per cent, on the BSE.

Published on January 14, 2019
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