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Pratibha Industries trades jubilantly on bagging order worth Rs 418.36 crore

Pratibha Industries Ltd. | Engineering - Construction | Construction & Infrastructure | BSE: 532718 | NSE: PRATIBHA

10 Sep 2013 Evaluate

Pratibha Industries is currently trading at Rs. 20.00, up by 1.15 points or 6.10% from its previous closing of Rs. 18.85 on the BSE.

The scrip opened at Rs. 19.30 and has touched a high and low of Rs. 20.45 and Rs. 19.25 respectively. So far 21228 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 58.65 on 10-Jan-2013 and a 52 week low of Rs. 16.80 on 22-Aug-2013.

Last one week high and low of the scrip stood at Rs. 20.95 and Rs. 17.40 respectively. The current market cap of the company is Rs. 197.06 crore.

The promoters holding in the company stood at 51.53% while Institutions and Non-Institutions held 21.65% and 26.82% respectively.

Pratibha Industries has bagged a new contract worth Rs 418.36 awarded by PHED, Ajmer, Rajasthan. The contract is scheduled to be completed in 36 months from the date of commencement.

The contract awarded is for work of Cluster Scheme of 326 villages of Bhilwara, Raipur and Sahara Tehsils along with augmentation of UWSS of Gangapur town from Kishnawato Ki Khedi Headworks under Chambal - Bhilwara Water Supply Projects Phase - II with operation and maintenance for 10 years on single point responsibility turnkey basis.

Pratibha Industries is engaged in the business of integrated infrastructure solutions. As the company moves ahead, it has laid increased emphasis on devising its business strategy on aggressive top line growth, a de-risked business model and increased operational efficiencies.

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Pratibha Industries trades jubilantly on bagging order worth Rs 418.36 crore

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