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Era Infra Engineering surges on bagging order worth Rs 177.81 crore

Era Infra Engineering Ltd. | Engineering - Construction | Construction & Infrastructure | BSE: 530323 | NSE: ERAINFRA

14 Oct 2015 Evaluate

Era Infra Engineering is currently trading at Rs. 3.45, up by 0.16 points or 4.86% from its previous closing of Rs. 3.29 on the BSE.

The scrip opened at Rs. 3.45 and has touched a high and low of Rs. 3.45 and Rs. 3.45 respectively. So far 47268 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 13.70 on 14-Oct-2014 and a 52 week low of Rs. 1.75 on 08-Sep-2015.

Last one week high and low of the scrip stood at Rs. 3.82 and Rs. 3.28 respectively. The current market cap of the company is Rs. 114.40 crore.

The promoters holding in the company stood at 66.97% while Institutions and Non-Institutions held 3.13% and 29.91% respectively.

Era Infra Engineering, an integrated infrastructure company with Pan India presence has been awarded a contract worth Rs 177.81 crore for ‘Rural Electrification works in Blocks of District Rampur & Sambhal in Uttar Pradesh on turnkey basis under Government of lndia scheme of RGGVY 12th Plan’ by Paschimanchal Vidyut Vitran Nigam, Meerut.

Total awarded package value including cost of material, E.D., S.T., freight & insurance, storage, handling, erection & commissioning charges including service tax & any other taxes, excluding VAT, as applicable during the currency of contract.

Era Infra Engineering is the flagship company of the Era Group. The company is a growing construction company with a pan-India presence and has experience in various kinds of construction projects such as power, housing, road, industrial and aviation.

Era Infra Engg Share Price

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Company Name	CMP
Larsen & Toubro	4094.95
Rail Vikas Nigam	303.10
NCC	161.30
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Era Infra Engineering surges on bagging order worth Rs 177.81 crore

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