BL Kashyap share price rises 5% on order win from Delhi International Airport

The share touched a 52-week high of Rs 57.40 and a 52-week low of Rs 23 on September 5, 2023 and September 29, 2022, respectively.

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BL Kashyap and Sons share price rose 5 percent in early trade on September 20 after the company secured a new order aggregating to Rs 167 crore approximately, from the Delhi International Airport. At 09:19 hrs BL Kashyap & Sons was quoting at Rs 56.54, up Rs 2.65, or 4.92 percent on the BSE. The total order book as on date stands at Rs 3,005 crore (excluding GST), company said.

The order is for the construction of structural works and other finishing works and is to be executed in 18 months.

In July, the company had secured a Rs 369-crore order from DLF Home Developers and in June, it secured an order aggregating to Rs 147 crore from Nzuri Pune Knowledge Park Private Limited.

In the quarter ended June 2023, the company posted a 15-percent fall in its net profit at Rs 9.96 crore. The share touched a 52-week high of Rs 57.40 and a 52-week low of Rs 23 on September 5, 2023 and September 29, 2022, respectively.

Currently, the stock is trading 1.5 percent below its 52-week high and 145.83 percent above its 52-week low.