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PBA Infra skyrockets on bagging orders worth Rs 54.42 crore

25 Jan 2012

PBA Infrastructure is currently trading at Rs. 45.25, up by 6.20 points or 15.88% from its previous closing of Rs. 39.05 on the BSE.

The scrip opened at Rs. 39.90 and has touched a high and low of Rs. 46.85 and Rs. 39.00 respectively. So far 50851 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 93.80 on 13-Apr-2011 and a 52 week low of Rs. 22.60 on 30-Dec-2011.

Last one week high and low of the scrip stood at Rs. 39.40 and Rs. 35.30 respectively. The current market cap of the company is Rs. 61.43 crore.

The promoters holding in the company stood at 63.29%, while  Non-Institutions 36.71% staake.

 PBA Infrastructure has bagged contract worth about Rs 54.42 crore from Pimpri Chinchwad Municipal Corporation, Pimpri for improvement and development of Dehu Alandi Road from Ch. 0/000 Km to Ch. 8/250 Km (Dehu Village to Moshi Jadhawwadi village border road).

Earlier in September 2011, the company bagged various orders worth Rs 32.40 crore from Pimpri Chinchwad Municipal Corporation, Mihan (Nagpur) and JKRRDA, Jammu.

PBA Infrastructure is engaged in execution of civil engineering projects and specializes in construction of Highways, Dams, Runways and heavy RCC structures, Bridges and other infrastructure projects.

Related PBA Infrastructure Ltd. Links:

PBA Infrastructure Share Price

9.78 -0.51 (-4.96%) Oct 21, 18:01
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323