Sadbhav Infrastructure Project is currently trading at Rs. 16.30, up by 0.15 points or 0.93% from its previous closing of Rs. 16.15 on the BSE.
The scrip opened at Rs. 16.50 and has touched a high and low of Rs. 16.50 and Rs. 16.30 respectively. So far 905 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 100.00 on 03-Apr-2019 and a 52 week low of Rs. 16.15 on 16-Mar-2020.
Last one week high and low of the scrip stood at Rs. 19.00 and Rs. 16.15 respectively. The current market cap of the company is Rs. 568.84 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 has received Rs 457.70 crore towards second tranche in connection with the sale of entire equity share capital held by the company in seven operational road projects to the Indinfravit Trust. Balance funds are expected to be received soon. Till now, the company has received funds of Rs 1,291 crore and units of Indinfravit Trust worth Rs 724.3 crore.
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.
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