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New order win worth Rs 51.42 crore lifts Era Infra Engineering

26 Apr 2012 Evaluate

Era Infra Engineering is currently trading at Rs 137.80, up by 0.55 points or 0.40% from its previous closing of Rs 137.25 on the BSE.

The scrip opened at its day’s high of Rs 138.80 and touched a low of Rs 137.70. So far 12607 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 2509.22 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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