Bharat Global Developers (BGDL) has reached its upper circuit limit on the BSE at Rs 903.40, marking a 5% increase of 43 points from its previous close of Rs 860.40. The stock opened at Rs 901.00 and recorded a day’s high and low of Rs 903.40 and Rs 901.00, respectively, with a trading volume of 34,235 shares.

A member of the BSE’s ‘XT’ group, BGDL’s stock with a face value of Rs 10 has hit a 52-week peak of Rs 1,069.60 on October 17, 2024, and a low of Rs 16.14 on November 9, 2023. Over the last week, the stock has fluctuated between Rs 903.40 and Rs 742.20. The company’s market capitalization currently stands at Rs 9,146.78 crore, with non-institutional investors holding a full 100% stake.

BGDL has secured a major infrastructure engineering order worth Rs 120 crore from Reliance Industries. The project involves the development of a state-of-the-art Fluidised Catalytic Cracker (FCC) unit, underscoring BGDL’s advanced engineering capabilities in high-efficiency, environmentally compliant, and safety-focused technologies.

This project not only enhances BGDL’s longstanding partnership with Reliance Industries but also solidifies its status as a top choice for complex infrastructure solutions. The contract reflects BGDL’s commitment to sustainable and safe engineering practices, expanding its growing portfolio and emphasizing its value-addition for stakeholders. BGDL operates within the IT Equipments & Peripherals Sector.