Sadbhav Engineering is currently trading at Rs. 283.00, up by 1.10 points or 0.39% from its previous closing of Rs. 281.90 on the BSE.
The scrip opened at Rs. 281.25 and has touched a high and low of Rs. 283.00 and Rs. 281.25 respectively. So far 40 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 314.50 on 05-Feb-2016 and a 52 week low of Rs. 198.45 on 26-Feb-2016.
Last one week high and low of the scrip stood at Rs. 286.40 and Rs. 269.50 respectively. The current market cap of the company is Rs. 4838.30 crore.
The promoters holding in the company stood at 46.76%, while institutions and non-institutions held 43.00% and 10.24% respectively.
Sadbhav Engineering along with Sadbhav Infrastructure Project (SIPL) (a subsidiary company) has entered into a share purchase cum shareholders’ cum subordinate debt agreement with D. Thakkar Construction and DTC Toll Projects (DTC) where it has been agreed to transfer 9% of shareholding of Maharashtra Border Check Post Network (MBCPNL) (a step down subsidiary company) to DTC as against 21.805% agreed earlier.
Sadbhav Engineering 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.
