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Infra stock jumps 4% after receiving order worth ₹910 Cr

News by Aliceblue News Desk

22 Jul 2025

Infra stock jumps 4% after receiving order worth ₹910 Cr

Introduction:

Leading infrastructure firm secured a ₹910 crore domestic contract from a prominent real estate entity, confirmed via Letter of Intent on July 21, 2025. The project covers construction and supervision of residential towers over 36 months.

Also Read: Large cap stock hits 10% upper circuit after reporting 70% YoY increase in revenue

Share price movement of B.L. Kashyap and Sons:

On July 22, 2025, B. L. Kashyap and Sons Ltd opened at ₹74.80, up 3.67% from its previous close of ₹72.15. The stock touched a high of ₹75.10 (4.09%) and a low of ₹72.50. By 10:40 AM, it traded at ₹73.14, marking a 1.37% increase, with a market cap of ₹1,648.87 crore.

B.L. Kashyap Secures ₹910 Crore Construction Order:

B.L. Kashyap and Sons Limited has received a ₹910 crore order from BPTP Limited. The Letter of Intent was issued on July 21, 2025, under Regulation 30 of SEBI (LODR) Regulations, 2015.

The contract involves construction and supervision of civil structures for residential towers, including associated non-tower areas and a community building. The work is to be completed over an estimated period of 36 months.

The project has been awarded by a domestic entity. The company confirmed it is not a related party transaction, and there is no promoter or promoter group interest in BPTP Limited.

Recent news on B.L. Kashyap and Sons:

As of May 11, 2025, B. L. Kashyap and Sons Ltd secured a ₹510 crore construction contract from Trinity for developing Sky Palazzo Residences, a luxury residential project in Sector 88B, Gurugram.

Stock performance of B.L. Kashyap and Sons for Period of 1 week, 6 months, and 1 year:

B. L. Kashyap and Sons Ltd delivered a 4.91% return over the past week. It gained 1.29% in the past six months, while the stock declined by 28.4% over the past year.

Also Read: Defence stock in focus after company announces 1:2 stock split

Shareholding pattern of B.L. Kashyap and Sons:

ParticularsJun 2025Mar 2025Dec 2024
Promoter61.70%61.70%61.70%
FII0.40%0.70%0.60%
DII0.90%0.90%0.40%
Public37.00%36.70%37.40%

About B.L. Kashyap and Sons:

B.L. Kashyap & Sons Ltd (NSE: BLKASHYAP) is an EPC company specializing in constructing high-rise residential and commercial complexes, IT parks, and institutional buildings across various locations in India.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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