Ramky Infra Gets Rs 334 Cr Project from NHAI

Ramky Infra Gets Rs 334 Cr Project from NHAI

Ramky Infrastructure Limited has got a project worth Rs 336.60 Crores in the State of Jharkhand by the National Highway Authority of India on EPC Contract, said Ramky Infra in its BSE filing on Monday, 08 May 2017.

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The particulars of the project included NHAI four laning of Barhi-Hazaribagh section of NH-33 from km.0.00 to km.40.500 in the state of Jharkhand on EPC mode under NHDP phase-III (Length in km.41.279).

The announcement attracted huge volume in the stock and the traded volume stood at 3,02,229 while the traded value stood at Rs 329.43 lakhs.

Ramky Infrastructure Limited (Ramky Infra) is an integrated construction, infrastructure development and management company in India. Since the commencement of business in 1994, the company has delivered a range of construction and infrastructure projects in various sectors such as water, wastewater, transportation, irrigation, industrial construction, parks (including SEZs), power transmission, power distribution, residential, commercial and retail property.

Ramky Infrastructure Ltd ended at Rs 110.3, up by Rs 5.15 or 4.9% from its previous closing of Rs 105.15 on the BSE.

The scrip opened at Rs 106.6 and touched a high and low of Rs 112 and Rs 105.25 respectively. A total of 369452(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 601.46 crore.

The BSE group ‘B’ stock of face value Rs 10 touched a 52 week high of Rs 121.85 on 11-Apr-2017 and a 52 week low of Rs 51.8 on 18-Nov-2016. Last one week high and low of the scrip stood at Rs 113.1 and Rs 104.35 respectively.

The promoters holding in the company stood at 67.76 % while Institutions and Non-Institutions held 4.45 % and 27.79 % respectively.

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