B L Kashyap and Sons share price saw a significant surge in its share price on Thursday, February 19, rising by as much as 9% following the announcement of a new order valued at ₹300 crore from CRC Greens.
The project, which involves the construction and supervision of civil and structural works for a group housing project in Greater Noida, Uttar Pradesh, is expected to be completed over approximately 42 months.
This new order not only adds to the company’s existing order book but also enhances its foothold in the residential construction sector.
B L Kashyap & Sons stands as one of India’s premier construction and infrastructure development companies, with a formidable presence across the nation.
B L Kashyap and Sons reported a remarkable consolidated net profit surge of 965.8%, reaching ₹11.83 crore for Q3FY26, compared to the same quarter in the previous fiscal year.
This impressive growth came alongside a 33.9% increase in revenue from operations, which climbed to ₹323.87 crore in Q3FY26 compared to Q3FY25.
BL Kashyap share price today
BL Kashyap share price today opened at ₹52.95 apiece on the BSE, the stock touched an intraday high of ₹54.55 per share and an intraday low of ₹52.06 apiece.
According to Anshul Jain, Head of Research at Lakshmishree, BL Kashyap and Sons has corrected sharply by 43.76% over 23 weeks, reflecting sustained distribution and structural weakness. The stock attempted a reversal with a gap-up opening backed by a 700% surge in volume, signaling initial buying interest.
“Given this setup, rallies toward the 55 to 60 resistance band should be viewed as selling opportunities rather than breakout attempts. Until the stock reclaims key resistance zones with strong follow-through volume, risk–reward remains skewed to the downside,” said Jain.
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