Kridhan Infra touches roof as its associate company bags order worth Rs 112 crore

Kridhan Infra is locked at upper circuit limit at Rs. 9.85, up by 0.46 points or 4.90% from its previous closing of Rs. 9.39 on the BSE.

The scrip opened at Rs. 9.85 and has touched a high and low of Rs. 9.85 and Rs. 9.85 respectively. So far 2616 shares were traded on the counter.

The BSE group ‘T’ stock of face value Rs. 2 has touched a 52 week high of Rs. 71.55 on 18-Sep-2018 and a 52 week low of Rs. 8.13 on 05-Sep-2019.

Last one week high and low of the scrip stood at Rs. 9.85 and Rs. 8.56 respectively. The current market cap of the company is Rs. 93.36 crore.

The promoters holding in the company stood at 47.15%, while Institutions and Non-Institutions held 17.06% and 35.78% respectively.

Kridhan Infra’s associate company — Vijay Nirman Company has secured an order worth Rs 112 crore, for widening of Trumpet from 2 lanes to 4 lanes from Bengaluru City to Airport and back and other associated infrastructure work for Bengaluru International Airport.

Kridhan Infra is an ISO 9001:2008 certified infrastructure solutions company. The company is one of the pioneers in introducing the concept of ready to use steel for the construction industry in the country.

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