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Kridhan Infra Limited - VNC wins new orders worth INR 145 Crores

Posted On: 2019-08-16 21:17:05

Kridhan Infra Limited's ("KIL" or the "Company") associate company Vijay Nirman Company Private Limited ("VNC") has secured orders worth INR 145 crores, for construction of Passenger Terminal Building, ATC Tower and other buildings and miscellaneous works of GOA International Airport and miscellaneous construction works at Hyderabad International Airport.

VNC has vast experience in the roads, bridges, airports and affordable housing segments and is well reputed for its timely execution and its strong technical skill. VNC has completed over 400 projects, in over 30 years of its operations.

KIL currently owns approximately 41% stake in VNC and hence, VNC operates as an associate company of KIL.

Shares of Kridhan Infra Limited was last trading in BSE at Rs.10.32 as compared to the previous close of Rs. 10.86. The total number of shares traded during the day was 6425 in over 28 trades.

The stock hit an intraday high of Rs. 10.7 and intraday low of 10.32. The net turnover during the day was Rs. 66363.


Source: Equity Bulls

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