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Sadbhav Infrastructure Project gains on raising funds via NCDs

24 Apr 2018 Evaluate

Sadbhav Infrastructure Project is currently trading at Rs. 134.00, up by 0.70 points or 0.53% from its previous closing of Rs. 133.30 on the BSE.

The scrip opened at Rs. 134.30 and has touched a high and low of Rs. 134.70 and Rs. 133.00 respectively. So far 31,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 157.50 on 11-Jan-2018 and a 52 week low of Rs. 89.65 on 27-Sep-2017.

Last one week high and low of the scrip stood at Rs. 139.90 and Rs. 132.00 respectively. The current market cap of the company is Rs. 4,719.00 crore.

The promoters holding in the company stood at 69.35%, while Institutions and Non-Institutions held 17.17% and 13.49% respectively.

Sadbhav Infrastructure Project has raised Rs 170 crore via Non?convertible Debentures (NCDs). The company has allotted 1,700 senior, taxable, secured, rated, listed, redeemable, NCDs to the applicants totally aggregating to Rs 170 crore having face value of Rs 10 lakh each on Private Placement basis. The Finance and Investment Committee of the company at its meeting held on April 23, 2018 approved the same.

Sadbhav Infrastructure Project is one of the leading road BOT companies in India that specializes in the development, operation and maintenance of highways, roads and related projects. The company, a subsidiary of Sadbhav Engineering (SEL), was incorporated in 2007 as a developer and operator for highways, road and related projects on a BOT basis.


Sadbhav Infra. Proj Share Price

2.76 -0.13 (-4.50%)
23-Apr-2026 16:59 View Price Chart
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