Nila Infra bags order from Ahmedabad Municipal Corporation
Nila Infrastructures Limited on Wednesday informed that it has secured a work order from Ahmedabad Municipal Corporation (AMC) for slum development under the Public Private Partnership (PPP) Project.
The project envisages to rehabilitate about 360 slum-dwelling families living at Khodiyarnagar Asarwa, Ahmedabad. The total development cost of the project is approximately 25.16 crore.
The stock was trading flat at Rs 17.55 per share at 1503 hours on BSE. It hit a high of Rs 17.95 and a low of Rs 17.50 so far during the day.
The stock has delivered 50% returns in a period of one year. It has outperformed BSE small-cap and underperformed BSE Realty over the same period.
Nila Infrastructures Limited is engaged in the construction and development of real estate and infrastructure projects. The company is focused on urban infrastructure projects and residential real estate.
Stock View :-
Nila Infrastructures Ltd is currently trading at Rs 17.65, up by Rs 0.1 or 0.57% from its previous closing of Rs 17.55 on the BSE.
The scrip opened at Rs 17.9 and has touched a high and low of Rs 17.95 and Rs 17.5 respectively. So far 633348(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 690.4 crore.
The BSE group 'B' stock of face value Rs 1 has touched a 52 week high of Rs 19.9 on 06-Feb-2017 and a 52 week low of Rs 10.25 on 24-Jun-2016. Last one week high and low of the scrip stood at Rs 18.5 and Rs 17.4 respectively.
The promoters holding in the company stood at 61.98 % while Institutions and Non-Institutions held 0.48 % and 37.54 % respectively.
The stock is currently trading above its 50 DMA.
The project envisages to rehabilitate about 360 slum-dwelling families living at Khodiyarnagar Asarwa, Ahmedabad. The total development cost of the project is approximately 25.16 crore.
The stock was trading flat at Rs 17.55 per share at 1503 hours on BSE. It hit a high of Rs 17.95 and a low of Rs 17.50 so far during the day.
The stock has delivered 50% returns in a period of one year. It has outperformed BSE small-cap and underperformed BSE Realty over the same period.
Nila Infrastructures Limited is engaged in the construction and development of real estate and infrastructure projects. The company is focused on urban infrastructure projects and residential real estate.
Stock View :-
Nila Infrastructures Ltd is currently trading at Rs 17.65, up by Rs 0.1 or 0.57% from its previous closing of Rs 17.55 on the BSE.
The scrip opened at Rs 17.9 and has touched a high and low of Rs 17.95 and Rs 17.5 respectively. So far 633348(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 690.4 crore.
The BSE group 'B' stock of face value Rs 1 has touched a 52 week high of Rs 19.9 on 06-Feb-2017 and a 52 week low of Rs 10.25 on 24-Jun-2016. Last one week high and low of the scrip stood at Rs 18.5 and Rs 17.4 respectively.
The promoters holding in the company stood at 61.98 % while Institutions and Non-Institutions held 0.48 % and 37.54 % respectively.
The stock is currently trading above its 50 DMA.
Nila Infrastructures Ltd :-
BSE 17.65 0.10 (0.57%)
NSE 17.60 0.05 (0.28%)
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