Jun-06-2025 | 10:48 Hrs IST

Sanmit Infra is witnessing an upward trend after securing a significant work order worth Rs 4.24 crore. The stock is currently trading at Rs 11.23, up by 0.36 points or 3.31% from its previous close of Rs 10.87 on the BSE.

The scrip opened at Rs 11.10 and has touched an intraday high of Rs 11.99 and a low of Rs 11.10. A total of 36,807 shares have been traded on the counter so far.

Sanmit Infra, listed in the BSE 'X' group and having a face value of Rs 1, recorded a 52-week high of Rs 18.16 on 05-Jul-2024 and a 52-week low of Rs 7.55 on 28-Mar-2025. Over the last week, the stock has ranged between Rs 11.99 and Rs 10.15. The company currently commands a market capitalization of Rs 178.55 crore.

Promoters hold a 72.33% stake in the company, while non-institutional investors account for the remaining 27.67%.

The company has secured a work order for 3,00,000 square meters of Micro Surfacing Work under the PN-35 Projects in Pune from D.G. Belhekar Infra. The order, valued at Rs 4.24 crore (3,00,000 sqm at Rate RS 120 per unit, inclusive of 18% GST), involves the provision and laying of a Micro Surfacing course. This includes dry fine aggregates conforming to Type-III grading specifications, polymer-modified cationic slow-setting bitumen emulsion (minimum 60% binder content), ordinary Portland cement, chemical additives, and water, all in accordance with SP-81 and the approved Job Mix Formula (JMF). The surfacing will be laid with a thickness of 6 to 8 mm.

Sanmit Infra is a real estate infrastructure company under the Makhija Group, actively engaged in realty development.