As many as 14,276 shares were traded on BSE.

The stock, after its debut at Rs 749.90 on 17 March 2006, struck a low of Rs 749.90 and a high of Rs 914 on the same day. From here, the stock had rallied to close at a lifetime high of Rs 1,529.15 on 2 May, only to slip to Rs 1,138.40 on 19 May on profit-booking. Thereafter, the stock has risen to close at Rs 1,193.45 on 26 May 2006.

BL Kashyap & Sons has bagged new projects worth over Rs 370 crore for nearly 5.17 million sq. ft. all over India in the past two months.

The company has successfully implemented the systems in compliance with ISO 9001:2000 certification and has received an in-principle approval for the same. The impending ISO certification is a recognition of the company’s processes, commitment to quality, and customer satisfaction.

BL Kashyap has a small equity-base of Rs 10.10 crore. Post-issue, the FII holding is 9% while the promoters’ holding is a substantial 70.3%.

BL Kashyap and Sons (BLK) constructs hospitals, hotels, industrial plants, IT/ITES campuses, malls and multiplexes. It also undertakes turnkey residential and corporate projects, including external finishing and fittings. The company provides furnishing and fittings fit-outs through its subsidiary BLK Furnishers.

In the corporate sector, BLK has undertaken projects for Escorts, Great Eastern, IBM, Hughes Software, Microsoft, Oberoi Hotels, Taj Hotels and other blue-chip companies. In the residential sector, the company’s projects for developers encompass multi-storeyed complexes, mainly in the northern and southern states.

Residential projects form about 32% of BLK’s order-book, while corporate projects about 14%. Other projects (malls and multiplexes) comprise about 54% of the order-book. The order-book, on 30 September 2005, stood at Rs 579 crore. An additional Rs 300-crore worth of orders were added by 31 December 2005, translating into orders worth nearly 3 times its FY 2005 turnover.