Sadbhav Infrastructure Project surges after its toll collection rises marginally in Q3FY20

24 Jan 2020 Evaluate

Sadbhav Infrastructure Project is currently trading at Rs. 41.60, up by 0.25 points or 0.60% from its previous closing of Rs. 41.35 on the BSE.

The scrip opened at Rs. 41.45 and has touched a high and low of Rs. 42.35 and Rs. 41.20 respectively. So far 35853 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 112.30 on 11-Mar-2019 and a 52 week low of Rs. 34.00 on 05-Dec-2019.

Last one week high and low of the scrip stood at Rs. 44.60 and Rs. 40.00 respectively. The current market cap of the company is Rs. 1468.78 crore.

The promoters holding in the company stood at 69.63%, while Institutions and Non-Institutions held 15.97% and 14.40% respectively.

Sadbhav Infrastructure Project’s collection of toll revenue from its 10 operational Special Purpose Vehicles (SPVs) has increased by around 1% to Rs 2,786.5 million in Q3FY20 from Rs 2,757.6 million in Q3FY19. The company’s toll revenue from its Ahmedabad Ring Road Infrastructure (ARRIL) in Q3FY20 has increased by around 6.4% to Rs 257.5 million from Rs 242.1 million in Q3FY19.

The Aurangabad Jalna Tollway (AJTL) toll revenue in Q3FY20 has increased by around 19.0% to Rs 119.1 million from Rs 100.1 million in Q3FY19, while Bijapur Hungund Tollway (BHTPL) toll revenue has by around 5.5% to Rs 279.6 million from Rs 295.7 million in Q3FY19.

Besides, Hyderabad Yadgari Tollway (HYTPL), Dhule Palasner Tollway (DPTL), Shreenathji-Udaipur Tollway (SUTPL), Bhilwara-Rajsamand Tollway (BRTPL) and Rohtak Panipat Tollway (RPTPL) toll revenue have also increased during Q3FY20.

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

6.82 0.17 (2.56%)
18-May-2024 12:50 View Price Chart
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