Globe Civil Projects gains on getting LoI worth Rs 13.11 crore
Globe Civil Projects is currently trading at Rs. 77.89, up by 0.67 points or 0.87% from its previous closing of Rs. 77.22 on the BSE.
The scrip opened at Rs. 78.00 and has touched a high and low of Rs. 78.42 and Rs. 77.43 respectively. So far 3106 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 95.00 on 1-Jul-2025 and a 52 week low of Rs. 73.56 on 08-Jul-2025.
Last one week high and low of the scrip stood at Rs. 80.40 and Rs. 76.18 respectively. The current market cap of the company is Rs. 467.18 crore.
The promoters holding in the company stood at 63.41%, while Institutions and Non-Institutions held 13.63% and 22.96% respectively.
Globe Civil Projects has received a Letter of Intent (LoI) worth Rs 13.11 crore for ‘Construction of Sports Complex and Supply, Erection, Testing & Commissioning of 11 KV HT Ring Main at National Institute of Technology Delhi Campus On Engineering, Procurement and Construction (EPC-II) Basis’. The order is to be executed within 12 months.
Globe Civil Projects and its Associates and Joint Operations are primarily engaged in the Civil Construction business is carrying on business of Civil Construction for Government Departments, Local Authorities and other parties.
