Editor’s Note
This article reports on a significant surge in the share price of Bharat Global Developers, which hit its upper circuit limit. This movement coincides with news of a major order secured by one of its subsidiaries.
Stock Hits Upper Circuit
Shares of Bharat Global Developers hit the 5% upper circuit on November 21. The stock closed at Rs 1,334.40 on the BSE.
Major Order for Subsidiary
The surge in buying activity for the company’s shares comes amid news that its Dubai-based wholly-owned subsidiary has secured an order worth Rs 251 crore for processing and supply.
Market Capitalization and Stock Performance
Following today’s rally, the company’s market capitalization has increased to Rs 13,512 crore. The stock’s 52-week high is Rs 1,334.40, and its 52-week low is Rs 23.78.