Supreme Infrastructure gains on bagging EPC work amounting Rs 134.22 crore

30 Apr 2015

Supreme Infrastructure India is currently trading at Rs. 218.80, up by 6.80 points or 3.21% from its previous closing of Rs. 212.00 on the BSE.

The scrip opened at Rs. 216.10 and has touched a high and low of Rs. 222.30 and Rs. 216.10 respectively. So far 1,062 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. 222.30 and Rs. 194.00 respectively. The current market cap of the company is Rs. 562.00 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 amounting Rs 134.22 crore from Damodar Valley Corporation (DVC) for the Construction of Bridge on River Konar along with its approach road etc. including Road over Bridge (ROB) on Gomoh-Barkakana Railways line at BTPS, DVC, Bokaro.

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.

Related Supreme Infrastructure India Ltd. Links:

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