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Sunil Hitech Engineers zooms on bagging Road EPC projects worth Rs 474 crore in Bihar

Sunil Hitech Engineers Ltd. | Engineering - Construction | Construction & Infrastructure | BSE: 532711 | NSE: SUNILHITEC

19 Oct 2015 Evaluate

Sunil Hitech Engineers is currently trading at Rs. 293.00, up by 16.80 points or 6.08% from its previous closing of Rs. 276.20 on the BSE.

The scrip opened at Rs. 279.90 and has touched a high and low of Rs. 300.00 and Rs. 279.10 respectively. So far 51263 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 352.00 on 05-Aug-2015 and a 52 week low of Rs. 130.00 on 17-Dec-2014.

Last one week high and low of the scrip stood at Rs. 291.90 and Rs. 270.00 respectively. The current market cap of the company is Rs. 503.82 crore.

The promoters holding in the company stood at 62.45% while Institutions and Non-Institutions held 0.67% and 36.88% respectively.

Sunil Hitech Engineers (SHEL) has been awarded two orders worth Rs 474 crore in the State of Bihar from Ministry of Road Transport and Highways, Government of India on Engineering, Procurement & Construction (EPC) Mode. The order has been awarded to the company’s RCM JV and is part of National Highways Interconnectivity Improvement Project which is funded by World Bank.

The company has received orders for Rehabilitation and Upgradation to 2-lane/2 lanes with paved shoulders configuration and strengthening of Sitamarhi-Jaynagar-Narahia Section (Km 40 to Km 219.945) of NH-104 in the State of Bihar for Lot-I km 40.00 to Km 79.40 [NHIIP-BR-104-11] worth Rs 154.62 crore to be executed in 24 months from the appointed date and for Rehabilitation and Upgradation to 2-lane/2 lanes with paved shoulders configuration and strengthening of Sitamarhi-Jaynagar-Narahia Section (Km 40 to Km 219.945) of NH-104 in the State of Bihar for Lot-II km 79.40 to Km 156.50 [NHIIP-BR-104-11] worth Rs 319.68 crore to be executed in 30 months from the appointed date.

Sunil Hitech Engineers is well-established player in EPC and Construction of Road & Bridges, Building works of institutions, hospitals and housing projects, cross country pipeline, civil & mechanical works of power and steel plants etc.

Sunil Hitech Engine. Share Price

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Peers

Company Name	CMP
Larsen & Toubro	4046.05
Rail Vikas Nigam	295.80
NCC	160.40
KEC International	559.95
Kalpataru Projects	1241.30
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Sunil Hitech Engineers zooms on bagging Road EPC projects worth Rs 474 crore in Bihar

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