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Unity Infraprojects gains on bagging project worth Rs 129.04 crore

14 Feb 2013

Unity Infraprojects is currently trading at Rs. 38.00, up by 1.60 points or 4.40% from its previous closing of Rs. 36.40 on the BSE.

The scrip opened at Rs. 38.30 and has touched a high and low of Rs. 39.00 and Rs. 37.10 respectively. So far 28,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 56.35 and a 52 week low of Rs. 34.40.

The current market cap of the company is Rs. 281.00 crore.

The promoters holding in the company stood at 62.72% while Institutions and Non-Institutions held 8.06% and 29.23% respectively.

Unity Infraprojects has bagged projects aggregating worth Rs 129.04 crore. The company has bagged the first project worth Rs 32.86 crore for Construction Administrative staff Housing, Shopping Complex & Sports Pavilion' at IISER, Pune by the Indian Institute of Science Education and Research, Pune and the said project is to be completed within a period of 24 months.

The second project worth Rs 42.45 crore is for Construction of ‘The Crown Green’ Group Housing Colony Plot No. 17, Hinjewadi, Pune by International Biotech Park, Genesis Square Building, Ground Floor, Hinjewadi, Phase -II, Pune, Maharashtra and the said project is to be completed within a period of 24 Month.

Finally the third project worth Rs 53.73 crore is for supply, installation and maintenance of water meter including an automatic meter reading component for salaulim Water Supply System by Project Director, JICA Project, PWD, Altinho, Panaji Goa.

Unity Infraprojects is one of the largest civil contractors in India. It is the flagship unit of the Mumbai-based KK Group of Companies, which has its interests spread across a wide spectrum of businesses such as concrete block manufacturing, quarrying, hotel and organized retailing industries.

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Unity Infraprojects Share Price

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