The company has also bagged an order worth Rs 180 crore from SAIL, for consultancy & project management services for upcoming infrastructural-related projects of Bokaro Steel plant, township, mines & collieries.
The 30-share BSE benchmark Sensex rose 52 points or 0.08% to settle at 67,519. The broader NSE Nifty surged 33 points or 0.16% to end at 20,103. From the Sensex pack, M&M, Tata Steel, Tech Mahindra, and Nestle were the top gainers, rising 1-2.5%. On the flip side, Asian Paints, ITC, Sun Pharma, Bajaj Finserv, Bharti Airtel, and Titan closed with losses
Based on the OI percentage, 72 stocks were on the short-covering list. These included AU Small Finance Bank, ICICI Prudential Life Insurance, Kotak Mahindra Bank, Coromandel International and Navin Fluorine International.
Sources told that though BSNL has valued the two lands at Rs 1,500-crore, the NLMC will hire international property consultants to value the properties independently.
We had mentioned in previous week’s closing report that Nifty, Sensex may consolidate. The major indices opened lower this week and closed with huge gains.