Stock Market: This small cap company got a big order, keep an eye on the stock

News Topical, Digital Desk : BL Kashyap and Sons Ltd, a civil construction company listed on BSE Smallcap
After the market closed on Friday, it has informed about getting a big order. According to the company, this order has been received from Manyata Promoters. In Friday's trading, the stock closed with a decline of more than half a percent. The effect of the news can be seen in the next session.

What information has the company given?

In the information sent to the stock market, the company said that it has received a civil and structural work order for the Embassy Manyata Business Park project from Manyata Promoters Private Limited. According to the company, this order size is Rs 157.26 crore, which has to be completed in 16 months. The company's income in the March quarter was Rs 291 crore. At the same time, the income of the last financial year was Rs 1142 crore. The company's profit in the last quarter was close to Rs 5 crore. At the same time, the profit for the whole year was close to Rs 36 crore. How was the performance of the stock? The stock closed at 68.46 on Friday on BSE, registering a decline of half a percent. The stock had reached the level of 121 in August last year. In April, the stock was at its lowest level of the year at 43. A year ago, the stock was at the level of 100. 
 

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