Sadbhav Engineering is currently trading at Rs. 50.30, up by 1.10 points or 2.24% from its previous closing of Rs. 49.20 on the BSE.
The scrip opened at Rs. 49.30 and has touched a high and low of Rs. 51.10 and Rs. 48.45 respectively. So far 81168 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 142.00 on 20-Jan-2020 and a 52 week low of Rs. 23.40 on 09-Apr-2020.
Last one week high and low of the scrip stood at Rs. 51.10 and Rs. 46.00 respectively. The current market cap of the company is Rs. 836.41 crore.
The promoters holding in the company stood at 46.83%, while Institutions and Non-Institutions held 32.31% and 20.86% respectively.
Sadbhav Engineering has received Letter of Acceptance (LOA) from NHAI for 2 EPC road project/work for a contract value of Rs 1572.30 crore. The one project is for construction of Four Lane Expressway from Sardar Patel ring road to Sindhrej Village of Ahmedabad District from km 0 to km 22.000 of Ahmedabad-Dholera Greenfield Alignment (NH-751) on EPC Mode under Bharatmala (Package-I)- in the State of Gujarat on EPC Mode under under Bharatmala Pariyojana (Package-I).
Another project is for construction of Four Lane Expressway from Sindhrej Village to Vejalka village of Ahmedabad District from km 22.000 to km 48.520 of Ahmedabad-Dholera Greenfield Alignment (NH-751) in the State of Gujarat on EPC Mode Under Bharatmala Pariyojana (Package-II).
Sadbhav Engineering mainly operates in three core businesses namely roads, mining and irrigation.
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