Nava Bharat Ventures soars on signing contracts with Tata Power Trading

Nava Bharat Ventures soars on signing contracts with Tata Power Trading

by admin- Tuesday, November 27th, 2018 05:01:53 PM

Nava Bharat Ventures is presently trading at Rs. 122.00, up by 1.75 points or 1.Forty six% from its previous last of Rs. A hundred and twenty.25 at the BSE.

The scrip opened at Rs. 122.60 and has touched a high and coffee of Rs. A hundred twenty five.25 and Rs. 121.50 respectively. So far 5656 shares were traded at the counter.

The BSE institution ‘A’ inventory of face cost Rs. 2 has touched a fifty two week high of Rs. 184.20 on 15-Jan-2018 and a 52 week low of Rs. 108.10 on 08-Oct-2018.

Last one week high and low of the scrip stood at Rs. 127.65 and Rs. 119.70 respectively. The current marketplace cap of the enterprise is Rs. 2184.87 crore.

The promoters retaining within the corporation stood at forty four.53%, even as Institutions and Non-Institutions held 20.Fifty two% and 34.95% respectively.

Nava Bharat Ventures and its subsidiary — Nava Bharat Energy (India) — have signed contracts with Tata Power Trading for strength deliver of 25 MW and a hundred MW respectively to Telangana State Grid.

The contracts start from January 15, 2019 to April 30, 2019 and are at a internet charge of Rs 5.75 in keeping with unit.

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