Supreme Infrastructure India is currently trading at Rs. 238.00, up by 17.30 points or 7.84% from its previous closing of Rs. 220.70 on the BSE.
The scrip opened at Rs. 221.50 and has touched a high and low of Rs. 240.50 and Rs. 221.50 respectively. So far 20430 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 438.75 on 20-Jun-2014 and a 52 week low of Rs. 172.00 on 23-Mar-2015.
Last one week high and low of the scrip stood at Rs. 226.00 and Rs. 192.00 respectively. The current market cap of the company is Rs. 590.03 crore.
The promoters holding in the company stood at 54.97% while Institutions and Non-Institutions held 16.32% and 28.71% respectively.
Supreme Infrastructure India has bagged the EPC work worth Rs 207.15 crore of National Highways Authority of India (NHAI). The EPC project consists of 4 Laning of Kharar-Kurali Section of NH-21 from km 15.765 to km 29.900 (Design Chainages) (New NH-205) in the State of Punjab.
The above contract is the cash contract with the interest free advance payment from NHAI up to 10% of the contract price.
Supreme Infrastructure India is a Mumbai-based construction player focusing on roads and buildings. The company has a backward integrated business model with access to key raw materials required for its road construction business, which gives it an edge over others and helps earn higher margins.
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