Sunil Hitech trades jubilantly on bagging housing project worth Rs 415 crore in Bihar

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

14 Sep 2016 Evaluate

Sunil Hitech Engineers is currently trading at Rs. 281.85, up by 12.05 points or 4.47% from its previous closing of Rs. 269.80 on the BSE.

The scrip opened at Rs. 273.50 and has touched a high and low of Rs. 287.50 and Rs. 273.50 respectively. So far 260201 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 344.10 on 15-Dec-2015 and a 52 week low of Rs. 155.00 on 24-Jun-2016.

Last one week high and low of the scrip stood at Rs. 287.50 and Rs. 191.00 respectively. The current market cap of the company is Rs. 494.46 crore.

The promoters holding in the company stood at 56.17%, while institutions and non-institutions held 0.39% and 43.45% respectively.

Sunil Hitech Engineers has been awarded order worth Rs 415 crore in the state of Bihar from Bihar State Housing Board under Government of Bihar for construction of 1,054 flats on 16.50 acres of land at Dalpatpur, Ara district in the state of Bihar including complete infrastructure development.

The project comprises of 23 High Rise Multistory Residential Towers in RCC Framed Structure with ‘A’ class specifications & amenities. The total construction area is about 14 lakh square feet.

With this, the total unexecuted order book of the company as on date is of Rs 3,429.57 crore. The company is expecting orders of Rs 2,500 crore during the FY2016 - 2017.

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	3973.60
Rail Vikas Nigam	305.00
NCC	169.85
KEC International	598.10
Kalpataru Projects	1274.45
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