Era Infra Engineering jumps on bagging order worth Rs 51.42 crore

26 Apr 2012

Era Infra Engineering is currently trading at Rs. 137.90, up by 0.65 points or 0.47% from its previous closing of Rs. 137.25 on the BSE.

The scrip opened at Rs. 138.80 and has touched a high and low of Rs. 138.80 and Rs. 137.90 respectively. So far 2,598 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 190.95 on 27-Apr-2011 and a 52 week low of Rs. 120.00 on 09-Mar-2012.

Last one week high and low of the scrip stood at Rs. 138.90 and Rs. 134.00 respectively. The current market cap of the company is Rs. 2,507.00 crore.

The promoters holding in the company stood at 58.92% while Institutions and Non-Institutions held 6.67% and 34.41% respectively.

Era Infra Engineering (EIEL), an integrated infrastructure company with Pan India presence has secured a contract from Department of Atomic Energy, Government of India valuing Rs 51,42 crore.

The contract is for construction of Phase-I hostel complex consisting of 376 bachelor and 136 married accommodation including Civil, Internal & External PH Works, Internal Electrical Works and Development works for Trainees of BARC / HBNI at Anushakti Nagar in Mumbai.

Era Infra Engineering, incorporated in September 1990, 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.

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