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Equity | News | Hot Pursuit
Hot Pursuit
Kridhan Infra jumps after winning orders
(11:16, 12 Sep 2019)
Kridhan Infra (KIL) announced that its associate company, Vijay Nirman Company (VNC), 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.

KIL currently owns approximately 41% stake in VNC and hence, VNC operates as an associate company of KIL. The announcement was made after market hours yesterday, 11 September 2019.

Meanwhile, the S&P BSE Sensex was up 31 points or 0.08% to 37301.64.

On the BSE, 2616 shares were traded in the counter so far compared with average daily volumes of 24707 shares in the past one quarter. The stock hit a high of Rs 9.85 and a low of Rs 9.85 so far during the day.

The stock hit a 52-week high of Rs 71.55 on 18 Sep 2018. The stock hit a 52-week low of Rs 8.13 on 05 Sep 2019.

The stock had underperformed the market over the past one month, falling 10.91% compared with 0.85% fall in the Sensex. It also underperformed the market in past one year, slumping 86.07% as against Sensex's 0.38% fall.

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