Tirupati Sarjan shines on bagging multiple orders worth Rs 90.76 crore

08 Jan 2013

Tirupati Sarjan is currently trading at Rs. 8.06, up by 0.37 points or 4.81% from its previous closing of Rs. 7.69 on the BSE.

The scrip opened at Rs. 7.60 and has touched a high and low of Rs. 8.06 and Rs. 7.60 respectively. So far 5,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 12.55 on 09-Jul-2012 and a 52 week low of Rs. 5.06 on 01-Jun-2012.

Last one week high and low of the scrip stood at Rs. 7.97 and Rs. 6.90 respectively. The current market cap of the company is Rs. 19 crore.

The promoters holding in the company stood at 48.15% while Institutions and Non-Institutions held 2.00% and 49.85% respectively.

Tirupati Sarjan has secured new orders worth over Rs 73.57 crore from Projects Implementation Unit. The company has secured first order worth Rs 63.64 crore for Construction of Proposed staff quarters of various categories, animal house and autopsy for GMERS Medical College at Himmatnagar, Dist Sabarkantha. The company has secured second order worth Rs 9.93 crore for construction work of upgradation of community health centre Khedbrahma Facility up to 150 beds with Electrification, Fire Fighting and HVAC Work at Khedbrahma, Dist -Sabarkantha.

Besides, the company has also bagged order worth Rs 17.19 crore from Executive Engineers, Road & Building Division for Construction of New court Building at Deesa, Dist - Banaskantha.

Tirupati Sarjan is engaged in the business of real estate such as development and construction of properties and infrastructure. The main activities of the company include acquiring plots, developing and executing construction plans. It develops and constructs residential and commercial projects. The company has obtained government registration as a contractor and it focuses on government tender business. The company is based at Visnagar in Gujara.

Related Tirupati Sarjan Ltd. Links:

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