Shashijit Infraprojects Limited bags various work orders from clients

Shashijit Infraprojects Limited ("the Company"), has been awarded with various work orders to construct various Industrial Projects from various reputed clients, the details of which are as follows:

- Construction of Industrial Shed & Road work of Elektromag Devices Private Limited at Vapi, Gujarat (Industrial) - Rs. 300-350 lakhs

- Construction of Factory Building of Modison Metals Limited at Vapi, Gujarat (Industrial) - Rs. 550-600 lakhs

- Construction of 2 MW Co-Gen Power Plant of Nath Industries Limited at Vapi, Gujarat (Industrial) - Rs. 300-350 lakhs

- Construction of Industrial Building, Godown, Outside Ancillary Structure and other Misc. Civil Work of KLJ Polymers & Chemicals Limited at Silvassa, UT of Dadra and Nagar Haveli and Daman and Diu (Industrial) - Rs. 300-350 lakhs

On receipt of the same, Mr. Ajit Jain, Chairman & Managing Director said, "we are pleased to have received many key orders as on opportunity to overcome ourselves from this Covid19 recession. Amid an uncertain economic environment and challenging industry dynamics we continued to perform with resilience. We are looking forward to expand our work order position and achieve our growth objectives while continuing to build on a strong foundation."

Shares of Shashijit Infraprojects Ltd was last trading in BSE at Rs. 30.10 as compared to the previous close of Rs. 30.50. The total number of shares traded during the day was 271 in over 4 trades.

The stock hit an intraday high of Rs. 30.10 and intraday low of 30.10. The net turnover during the day was Rs. 8157.00.

Source : Equity Bulls

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ShashijitInfraprojectsLtd INE700V01013 Construction Engineering OrderWin