Supreme Infrastructure India is currently trading at Rs 72.00, up by 0.60 points or 0.84% from its previous closing of Rs 71.40 on the BSE.
The scrip opened at Rs. 73.00 and has touched a high and low of Rs 75.50 and Rs 71.80 respectively. So far 7489 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 260.00 on 13-Mar-2015 and a 52 week low of Rs. 66.50 on 29-Feb-2016.
Last one week high and low of the scrip stood at Rs. 75.00 and Rs. 70.00 respectively. The current market cap of the company is Rs. 184.51 crore.
The promoters holding in the company stood at 50.63% while Institutions and Non-Institutions held 22.56% and 26.81% respectively.
Supreme Infrastructure India has bagged the EPC work of Rs 75.72 crore from Mumbai Metropolitan Region Development Authority (MMRDA) for the construction of Six Lane Bridge on Ulhas Creek near Durgadi fort on Bhivandi-Kalyan-Adilabad Road (NH-222).
The company has also bagged the EPC work in JV with 49% work share of Rs 109.27 crores from Mumbai Metropolitan Region Development Authority (MMRDA) for the construction of six Lane Bridge across Ulhas creek on proposed Motagaon- Mankoli Road.
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.
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