Introduction:
Infra stock has secured a ₹268.92 crore contract from BRO for constructing a 4-lane bypass on NH-01 in Jammu and Kashmir. This 10.9 km Greenfield project, executed under Project Beacon, enhances regional connectivity, reinforcing expertise in road infrastructure development.
Share Price movement of Niraj Cement Structurals:
On March 17, 2025, Niraj Cement Structurals Limited opened at ₹53.60, reaching a high of ₹59.02, up 19.98% from its previous close of ₹49.19, with a low of ₹53.50. The stock is currently trading at ₹59.02, with a market cap of ₹255.19 crore.
Niraj Cement Structurals share price rise:
Niraj Cement Structurals Limited has secured a ₹268.92 crore work order from the Border Roads Organization (BRO) for constructing a 4-lane paved shoulder bypass on NH-01 in Jammu and Kashmir. This Greenfield project spans 10.9 km under Project Beacon and will be executed on EPC mode.
The domestic contract involves building a crucial bypass on the Srinagar-Baramulla-Uri Road, enhancing regional connectivity and infrastructure. The 24-month timeline ensures timely completion. No promoter or related party is involved in this project, ensuring a transparent and competitive bidding process.
This project strengthens Niraj Cement Structurals portfolio in road infrastructure development, reinforcing its expertise in executing large-scale projects. The company remains committed to delivering high-quality road construction and contributing to India’s transportation and defense infrastructure with strategic government collaborations.
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Ace investor holding of Niraj Cement Structurals:
Dileep Kumar Singh holds 4,230,791 shares, representing a 7.79% stake in the company. His investment reflects strong confidence in the company’s long-term potential. At the current price of ₹59.02, his holding is valued significantly, making him a key individual investor in the stock.
Anuj Shantilal Badjate owns 1,561,000 shares, accounting for 2.87% of the company. His entire holding remains fully available, indicating a long-term strategy. With the stock trading at ₹59.02, his investment showcases trust in the company’s growth prospects and future performance in the market.
Stock performance of Niraj Cement Structurals for Period of 1 week, 6 months and 1 year:
Over the past week, Niraj Cement Structurals stock has gained 5.08%, reflecting short-term positive momentum. However, over the last six months, the stock has declined by 28.0%, indicating volatility. Despite this, it has delivered a 25.3% return over one year, showcasing long-term resilience.
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Shareholding pattern of Niraj Cement Structurals:
| All values in % | Dec-24 | Sep-24 | Jun-24 |
| Promoters | 22.53 | 24.26 | 24.26 |
| FII | 0 | 0.12 | 0.03 |
| Retail & others | 77.47 | 75.61 | 75.71 |
About Niraj Cement Structurals:
Niraj Cement Structurals Limited is a leading infrastructure development company specializing in road construction, bridges, highways, and urban projects. With expertise in large-scale EPC contracts, the company plays a vital role in India’s infrastructure growth, delivering high-quality and timely construction solutions.
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.
