Stock Report

Brahmaputra Infrastructure Limited updates on order book



Posted On : 2024-06-06 13:14:23( TIMEZONE : IST )

Brahmaputra Infrastructure Limited updates on order book

Brahmaputra Infrastructure Limited have an Consolidated order Book along with its Joint Venture / Operation partners as on 31.05.2024 an total amount Rs. 1150.00 Crores (approx.) Company is under continuous process to bidding the new tenders of State & Central Government along with Private Party contracts.

The momentum of FY 2023-24 remains continue in first two months of FY 2024-25 on all the ongoing sites of the company work is executing at a vast pace and our Project managers have no doubt that they will achieve all the target assigned numbers within define timeline.

The company is in under process to conclude the final bills with respective department / clients which make them possible to release the Pending Bank Guarantees from the respective department/ clients.

After the re-arrangement of the credit facilities company has honoured the lenders complete interest/ Principal and other obligation in well define timelines till 31st May 2024.

Shares of BRAHMAPUTRA INFRASTRUCTURE LTD. was last trading in BSE at Rs. 80.91 as compared to the previous close of Rs. 79.49. The total number of shares traded during the day was 36262 in over 306 trades.

The stock hit an intraday high of Rs. 88.50 and intraday low of 75.32. The net turnover during the day was Rs. 2880962.00.

Source : Equity Bulls

Keywords

BRAHMAPUTRAINFRASTRUCTURE INE320I01017 OrderBook