Sadbhav Engineering is currently trading at Rs. 304.00, down by 7.75 points or 2.49% from its previous closing of Rs 311.75 on the BSE.
The scrip opened at Rs. 305.00 and has touched a high and low of Rs. 308.00 and Rs. 301.65 respectively. So far 1163 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. 265.05 on 07-May-2015.
Last one week high and low of the scrip stood at Rs. 314.50 and Rs. 294.35 respectively. The current market cap of the company is Rs. 5347.57 crore.
The promoters holding in the company stood at 47.10% while Institutions and Non-Institutions held 42.22% and 10.68% respectively.
Sadbhav Engineering has reported 27.51% fall in its net profit at Rs 27.35 crore for the quarter ended December 31, 2015 as compared to Rs 37.73 crore for the same quarter in the previous year. However, the company’s total income has increased by 4.25% to Rs 754.25 crore for the quarter under review from Rs 723.52 crore for the corresponding quarter of the previous year.
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.
