MoneyWorks4Me

Supreme Infrastructure India bags two EPC projects worth Rs 244.06 crore

22 May 2017 Evaluate

Supreme Infrastructure India has bagged two EPC projects worth Rs 244.06 crore. The company has received letter of acceptance from Jharkhand Urban Infrastructure Development Company for construction of Flyover at Ratu Road including Approach and Service Roads Drains Electric and Illumination etc. for Ratu Road Flyover (From Governor House to Hannu River Bridge) for Rs 130.06 crore.

The company has also received letter of appointment from LOMA IT Park Developers for construction of Residential building Phase-I of their project in Ghansoli. The estimated cost of project/ building is around Rs 114 crore.

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.

Peers
Company Name CMP
Larsen & Toubro 3860.00
Kalpataru Projects 1447.10
NCC 137.00
Rail Vikas Nigam 210.30
KEC International 402.50
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