Sadbhav Engineering is currently trading at Rs. 341.90, up by 7.55 points or 2.26% from its previous closing of Rs. 334.35 on the BSE.
The scrip opened at Rs. 334.35 and has touched a high and low of Rs. 350.00 and Rs. 334.35 respectively. So far 15581 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 385.00 on 13-Mar-2015 and a 52 week low of Rs. 193.90 on 13-Aug-2014.
Last one week high and low of the scrip stood at Rs. 350.00 and Rs. 314.95 respectively. The current market cap of the company is Rs. 5985.38 crore.
The promoters holding in the company stood at 47.11% while Institutions and Non-Institutions held 40.90% and 11.99% respectively.
Sadbhav Engineering has been declared as the successful bidder (L1) in respect of the bid invited by National Highways Authority of India (Ministry of Road Transport and Highways) for two projects on EPC Mode for continuous stretch of 45.50 km for aggregating value of Rs 1,556.96 crore.
The first project is for development of six-lane Eastern Peripheral Expressway in the states of Haryana and Uttar Pradesh on EPC mode - Package-I from km 1.000 to km 22.000. The project is worth Rs 771.18 crore and the construction period is for 2.5 years. The second project is development of six-lane Eastern Peripheral Expressway in the state of Uttar Pradesh on EPC mode - Package-II from km 22.000 to km 46.500. The project is worth Rs 785.78 crore and the construction period is for 2.5 years.
Sadbhav Engineering (SEL) is one of the largest BOT developers in the road sector in India with good project execution skills. SEL operates in the four distinct business areas in the infrastructure sector viz. BOT road projects, cash contract-based road projects, irrigation projects and mining.
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|---|---|
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| NCC | 161.30 |
| KEC International | 580.10 |
| Kalpataru Projects | 1232.90 |
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