Public CompanyPratibha hits upper circuit on Rs 523cr order
Pratibha Industries zoomed 10% to close at its upper circuit limit of Rs 178. The counter witnessed a near five-fold increase in its total traded of 51,462 shares as against its two-week average traded quantity of 10,784 shares.
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Pratibha Industries has rallied nearly 9% to Rs 175, backed by the development that the company secured a Rs 523.40 crore contract.
The stock touched a high of Rs 178 and a low of Rs 168, so far. The scrip opened at Rs 169 on the BSE today. The counter has witnessed around a four-fold increase of 41,900 shares, as against its two-week average traded quantity of 10,784 shares.
Pratibha Industries informed BSE today that the company had secured a contract for construction of a medical college at Patna from National Buildings Construction Corporation. The total value of the contract is Rs 523.40 crore.