MoneyWorks4Me

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 3845.00
Kalpataru Projects 1397.60
NCC 133.45
Rail Vikas Nigam 207.00
KEC International 395.45
View more..