BL Kashyap buzzing

BL Kashyap is seeing a lot of action today morning; from its yesterdays close of Rs.44.73, it opened % higher at Rs.46.86, which bis just a hop-skip-and -jump away from its 52-week high of Rs.47.73.

The stock price reacted positively to the news that it has secured an order from DLF Home Developers worth Rs.369 crore.

Its total order book stands currently at Rs.3086 crore and is to be executed in the next 33 months.

The company had ended Q4FY23 with a net loss of Rs.32 crore on a 15% drop in revenue at Rs.276 crore.