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Niraj Cement Structurals Ltd.

BSE: 532986 Sector: Infrastructure
NSE: NIRAJ ISIN Code: INE368I01016
BSE 00:00 | 05 Mar 43.80 -1.05
(-2.34%)
OPEN

43.50

HIGH

45.00

LOW

40.45

NSE 00:00 | 05 Mar 42.25 -2.35
(-5.27%)
OPEN

48.00

HIGH

48.00

LOW

41.05

OPEN 43.50
PREVIOUS CLOSE 44.85
VOLUME 11774
52-Week high 61.50
52-Week low 23.35
P/E 48.67
Mkt Cap.(Rs cr) 176
Buy Price 42.00
Buy Qty 250.00
Sell Price 43.70
Sell Qty 85.00
OPEN 43.50
CLOSE 44.85
VOLUME 11774
52-Week high 61.50
52-Week low 23.35
P/E 48.67
Mkt Cap.(Rs cr) 176
Buy Price 42.00
Buy Qty 250.00
Sell Price 43.70
Sell Qty 85.00

Niraj Cement Structurals Ltd. (NIRAJ) - Company History

Niraj Cement Structurals Ltd is an Engineering and Construction Company focussinig on road construction development. The head quarter is at Mumbai. They are catering to road projects through sub contracting. The areas of operations are contracting including providing EPC services besides manufacturing of cement structurals. They are having a fleet of construction equipment all of which are owned directly or through the joint ventures. The company do sub-contracting assignments primarily through a competitive bidding process. Niraj Cement Structurals Ltd (NCSL) was incorporated on April 1 1998 as a private limited company to takeover the business of Niraj Cement Structurals (partnership firm). NCSL has grown from a modest pre-casting outfit in 1970s to a modern state-of-the-art civil construction company specializing in the timely execution of complex projects in the areas of roads flyovers pedestrian subways airport runways dams spillways etc. NCSL started its foray into civil engineering in the year 1998.In the year 1999 they made a joint venture with Prakash Construction & Engineering Company and forayed into project execution with the name of Prakash Construction Niraj Structurals. One of the project was construction of Solid Approach for Bandra- Worli Sea Link from Mahim flyover upto Toll Plaza Chainage. The Company has entered into a Joint Venture Agreement with ARSS Infrastructure Limited for the purpose of undertaking work of civil engineering nature and has formed a joint venture called ?Niraj ARSS Joint venture?.The Joint Venture has been awarded the Cuttak Paradeep Package1 and 2 in Orissa. With Prakash Construction & Engineering Company they cariied out some projects such as Construction of Apron Flooring in connection with Construction of Air India Hangar Project Mumbai; and Construction of Mumbai- Pune Expressway Part Kon to Kalamboli (Bypassing Panvel Town) Package-I from 0/000 Km to 8/200 Km and Shedung Connector. With ARSS Infrastructure Limited Construction of BRTS Pilot Corridor nad Development Road Jaipur in Rajasthan. Also the Company has entered into a Joint Venture Agreement with Pratibha Industries limited for the purpose of undertaking work of civil engineering nature and formed a joint venture called ?Niraj Pratibha Joint venture?.The Joint Venture has been awarded the Construction of Pilot Corridor on AB Road to Rajiv Gandhi Square Indore in Madhya Pradesh.In the year 2002 they imported concrete slip form paver machines from Guntert & Zimmerman USA. Which has 17 meter wide paving capacity. Also they imported concrete batching plant from SIMEM Italy with the capacity of 160 Cum/Hr. In the year 2006 the company was converted into a Public Limited Company.

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