Microcap Construction Company Awarded Contract Worth Rs 2476.41 Lacs

Microcap Civil Construction company Brahmaputra Infrastructure Limited has informed that the company has been awarded LOA by the National Highway Authority of India ( NHAI) for a new Project worth Rs 2471.41 Lacs.

According to filing the company, the project is for Operation & Maintenance of Descoped Length of 2 Lane with Paved Shoulder Tanot Jaisalmer [Tank Chowk (Km.123+550) to Jaisalmer Bypass (Km.125.573) Length - 2.023 Km] of NH-68 & 2/4 Lane with Paved Shoulder of Jaisalmer-Phalodi Section of NH-11 from Km 105.143 to Km 265.600 (Length 160.457 Km.) in the State of Rajasthan (Tender ID: 2022_NHAI_136192_1).

The shares of Brahmaputra Infrastructure Ltd. closed 0.77% higher at Rs 44.50 per share on the BSE with highs and lows of Rs 46 and Rs 44, respectively.

Stock declined 5.48% in 1 week and gained 6.56% in 1 month. It gained 60.94% in 6 months. In 1 year, it gave 65.12% positive return. While in 2 and 3 years, it gave 176.40% and 205.21% positive returns. In 5 years, it gave 68.88% positive return.

The stock hit 52-week high is Rs 55.95 per share and 52-week low is Rs 25.20 per share on the BSE. The market cap of the company is Rs 33.57 Crore.

Brahmaputra Group is a multifaceted construction company with a presence in sectors like Highways and roads, Buildings, Bridges/Flyovers, Airports, Tunnels, and other Civil Construction works. Backed by a team of experienced professionals and modern equipment, Brahmaputra Group has immensely contributed to developing the infrastructure of India and building a stronger community. Brahmaputra Group has developed and manages the largest shopping mall in northeast India and has vast experience executing large-scale infrastructure projects. With a distinctive focus on North-East India, Brahmaputra Group has only to grow and expand in the near future.