Suprajit Engineering Limited purchases industrial property at Jigani Industrial area

Suprajit has announced the outright purchase of industrial property with land measuring 1,75,000 sq.ft along with buildings measuring 70,000 sq.ft located at Jigani Industrial Area. Jigani is one of the prime industrial areas in Karnataka on the outskirts of Bangalore with close proximity to certain key customers of Suprajit.

Suprajit Technology Center ("STC") is in an advanced stage of negotiating with customers on certain "beyond cables" projects which are expected to be housed in this facility, once all infrastructure updates are done and these new contracts are won.

Shares of Suprajit Engineering Limited was last trading in BSE at Rs. 373.15 as compared to the previous close of Rs. 370.05. The total number of shares traded during the day was 6217 in over 504 trades.

The stock hit an intraday high of Rs. 378.25 and intraday low of 370.35. The net turnover during the day was Rs. 2328859.00.

Source : Equity Bulls

Keywords

SuprajitEngineering INE399C01030 IndustrialProperty JiganiIndustrialArea