Sadbhav Engineering is currently trading at Rs. 310.50, up by 1.95 points or 0.63% from its previous closing of Rs. 308.55 on the BSE.
The scrip opened at Rs. 309.90 and has touched a high and low of Rs. 315.00 and Rs. 296.20 respectively. So far 24424 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 350.90 on 11-May-2017 and a 52 week low of Rs. 220.00 on 09-Nov-2016.
Last one week high and low of the scrip stood at Rs. 325.35 and Rs. 296.20 respectively. The current market cap of the company is Rs. 5282.66 crore.
The promoters holding in the company stood at 46.76%, while Institutions and Non-Institutions held 42.10% and 11.14% respectively.
Sadbhav Engineering has been declared as the successful bidder (L1) in respect of the bids invited by Western Coal Fields, CIL, Maharashtra, for the Work of OB Removal Coal Evacuation and Transportation of Coal at Bhanegaon OCM of Nagpur Area as well as for the work of OB Removal Coal Evacuation and Transportation of Coal at Kolarpimpri Ext. OCM of Wani North Area. The total contract value of the project is Rs 674.20 crore.
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.
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