Stock Report

Sharanam Infraproject and Trading Ltd wins $4 Mn order

Posted On : 2023-03-24 19:50:50( TIMEZONE : IST )

Sharanam Infraproject and Trading Ltd wins $4 Mn order

Sharanam Infraproject and Trading Limited has received a purchase order of 4 million USD, approximately Rs. 32.80 Crores from Wahat AI Butain General Trading LLC, a Dubai-based entity, for the development of a sports ground for a township near Emirates Hill.

This project is a significant milestone for the company, as it represents a major expansion of its operations into the UAE market. The development of the sports ground is expected to provide substantial revenue and growth opportunities for the company, and the company is excited to work with Wahat Al Butain General Trading LLC on this project.

The company is confident that its expertise in infrastructure development and project management will enable it to deliver a high-quality sports ground that meets the needs of the township and exceeds the expectations of the client.

Shares of Sharanam Infraproject and Trading Ltd was last trading in BSE at Rs. 0.98 as compared to the previous close of Rs. 1.01. The total number of shares traded during the day was 174514 in over 149 trades.

The stock hit an intraday high of Rs. 1.04 and intraday low of 0.96. The net turnover during the day was Rs. 170768.00.

Source : Equity Bulls


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