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Era Infra Engineering shines on bagging order worth Rs 40.85 crore

01 Jan 2013 Evaluate

Era Infra Engineering is currently trading at Rs. 135.85, up by 0.25 points or 0.18% from its previous closing of Rs. 135.60 on the BSE.

The scrip opened at Rs. 136.30 and has touched a high and low of Rs. 137.80 and Rs. 135.85 respectively. So far 23,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 145.75 and a 52 week low of Rs. 91.95.

The current market cap of the company is Rs. 2,470.00 crore.

The promoters holding in the company stood at 60.30% while Institutions and Non-Institutions held 8.25% and 31.45% respectively.

Era Infra Engineering, an integrated infrastructure company with Pan India presence has been awarded a contract valuing Rs 40.85 crore for extension of Vikram Sarabhai Bhavan including Civil, Public Health & Electrical Works by Department of Atomic Energy at Anushakti Nagar, Mumbai.

Recently, the company had secured a contract worth Rs 231.92 crore for construction of 3,000 multi-storied dwelling units at community centre site (a turnkey project) by Delhi Development Authority (DDA) under in-situ Rehabilitation at A14 Kalkaji Extension.

Era Infra Engineering, incorporated in September 1990, is the flagship company of the Era Group. The company is a growing construction company with a pan-India presence and has experience in various kinds of construction projects such as power, housing, road, industrial and aviation.

Peers
Company Name CMP
Larsen & Toubro 4075.75
Rail Vikas Nigam 298.75
NCC 160.00
KEC International 584.40
Kalpataru Projects 1248.95
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