Stock Report

BCPL Railway Infra secures an order under the Sealdah Division, Eastern Railway

Posted On : 2022-11-24 16:21:33( TIMEZONE : IST )

BCPL Railway Infra secures an order under the Sealdah Division, Eastern Railway

BCPL Railway Infrastructure Limited has received an order from Sealdah Division, Eastern Railway, Electrical.

This order has been received for the work of "25 KV OHE & allied electrical works in connection with Barrackpur-Krishnanagar City - Replacement of Critical Implantation OHE Masts over Sealdah Division (Phase-VII)." The total project cost comprises of Rs. 21.89 million and it is expected to be executed over a period of 12 months.

Commenting on the same, Mr. Jayanta Kumar Ghosh, Managing Director said, "We at BCPL Railway Infrastructure Limited are pleased to inform our stakeholders on our recent order intake in the Sealdah Division of Eastern Railway. The value of this order is Rs.21.89 million and we are quite optimistic about the pipeline of orders in the coming months and in near future also. We expect to end the year on robust order book."

"We, at BCPL, have offered our unparalleled services contributing towards connecting the different parts of the country and are confident to continue serving the Indian Railways in future. We are quite optimistic about similar projects to come on PAN India basis."

Consistent Financial Performance:

The Hi FY2022-23 results for the period ended 30 September 2022, reflected that the Railway Business of the Company has been able to come out of the trajectory of the head wind conditions created by the COVID 19 pandemic and the management is of the firm view that the business of the Company would get even better because of the healthy financial condition of the company and the buoyancy in the Indian Economy.

The Management of the Company is optimistic about the plans of the Government towards the infrastructure sector of the country and hopes to bag significant quantum of orders from the Railways.

Shares of BCPL Railway Infrastructure Ltd was last trading in BSE at Rs. 48.55 as compared to the previous close of Rs. 47.70. The total number of shares traded during the day was 44766 in over 428 trades.

The stock hit an intraday high of Rs. 49.40 and intraday low of 48.00. The net turnover during the day was Rs. 2174742.00.

Source : Equity Bulls


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