Introduction:
Steel stock under ₹100 secured a ₹14.25 crore contract for designing, supplying, and erecting a pre-engineered steel building, showcasing its expertise in executing domestic projects efficiently and reinforcing its reputation in the pre-engineered steel building market.
Share Price movement of Bansal Roofing Products:
On January 23, 2025, Bansal Roofing Products Ltd opened at ₹94.22, up 2% from its previous close of ₹92.38. The stock remained steady throughout the day, reaching a high and low of ₹94.22, with a market cap of ₹124.21 crore.
Bansal Roofing Products share hits upper circuit:
Bansal Roofing Products Limited announced it has signed a contract with RBM Infracon Limited on January 21, 2025, for the design, supply, and erection of a Pre-Engineered Steel Building. The total project cost is ₹14.25 crore, excluding GST.
The project mandates the supply of the building at the site to be completed within 25 weeks of drawing approval, with erection finalized within eight weeks of site mobilization. This domestic contract underscores the company’s efficiency in executing pre-engineered building projects.
The contract is not a related party transaction, and there is no promoter interest involved. This achievement reflects Bansal Roofing’s growing reputation in the pre-engineered steel building market and its dedication to delivering high-quality solutions.
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Recent news About Bansal Roofing Products :
On January 6, 2025, Bansal Roofing Products Ltd announced the commencement of commercial production at Phase-IV of its Unit-II facility in Vadodara, Gujarat, marking a significant step in the company’s operational expansion.
Ace investor holding of Bansal Roofing Products:
Ace investor Lakshman Easwaran holds a 1.00% stake in Bansal Roofing Products Ltd, amounting to 1,32,000 shares valued at ₹1.2 crore. His strategic investment highlights confidence in the company’s potential within the pre-engineered steel building sector.
Ace investor Mahendra Girdharilal owns a 1.00% stake in Bansal Roofing Products Ltd, comprising 1,32,000 shares worth ₹1.2 crore. His investment emphasizes trust in the company’s growth prospects and expertise in pre-engineered steel building solutions.
Stock performance of Bansal Roofing Products for Period of 1 week, 6 months and 1 year:
Bansal Roofing Products delivered a 4.41% return over the past week, reflecting short-term gains. Over six months, the stock rose 9.45%, showcasing steady growth. However, its one-year performance showed a slight decline of 1.06%, highlighting a mixed long-term trend.
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Shareholding pattern of Bansal Roofing Products:
| Summary | Dec-24 | Sep-24 | Jun-24 |
| Promoter | 73.30% | 73.30% | 73.40% |
| FII | 0.20% | 0.20% | 0.10% |
| DII | 0% | 0% | 0% |
| Public | 26.50% | 26.50% | 26.50% |
About Bansal Roofing Products:
Bansal Roofing Products Limited (BSE: BRPL) is a leading manufacturer specializing in pre-engineered steel buildings and roofing solutions. Renowned for quality and innovation, the company caters to diverse industries with efficient project execution, strengthening its reputation in the domestic and industrial markets.
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.
