Supreme Infrastructure Bags Two Orders Worth Rs 405 Crore (10-Mar-2010)
Supreme Infrastructure has received two new orders worth Rs 405.44 crore from Punjab Infrastructure Development Board and Maharashtra State Electricity Distribution Company in order to build four laning of roads along Sidhwan Canal with their approaches.
The project has been awarded to the company in joint venture with M/s Huamei Group Corporation and Niraj Cement Structural Limited.
The MSEDC order is for distribution of lines as well as erection, power transmitters and towers in power sector for the state of Maharashtra.
These orders are scheduled to be completed in 24 months.
Besides this, Supreme Infrastructure earlier this month had also bagged three prestigious projects total Value are Rs. 363.94 Crores (Rupees Three Hundred Sixty Three Crores and Ninety Four Lacs Only).
The current order book position for Supreme Infrastructure stands at Rs 1,477 crore.
Supreme Infrastructure is currently trading at Rs.187.5, up by 1.52%.
The stock hit an intraday high of Rs.188.5 till now, as against the 52-week high of Rs.212.The stock hit a low of Rs.184 during the day. The stock had hit a 52-week low of Rs.20 on March 12, 2009.
The stock opens at Rs.186.4 at BSE. The total traded volume of the scrip on BSE till now stood at 7411.
Meanwhile today, the BSE Sensex is trading down by -25.25 points, or -0.15% , at 17073.08 on 9:46 AM
The NSE Nifty is trading down by -12.70 points, or -0.25% , at 5103.55 on 9:40:
Supreme Infra has an equity capital of Rs 13.88 crore as of 2009 Dec. The face value per share is Rs 10. At the current price of Rs 187.5, the P/E multiple stood at 9.67609254498715 with book Value of 83.26 and P/BV at 2.25.
The total shareholding pattern of the company as on Dec 2009 stood at Promoters- 61.10%, Institutional Investors- 9.85%, General Public- 16.00% and other investors- 13.05%.
Considering the current price of Rs. 187.5 at 9:46:00 AM , the stock had underperformed the market over the past one month till 11/03/2010 surged 6.35% as compared to the Sensex''s return of 6.43% and NSE Nifty''s 6.43 % returns.
Considering the current price of Rs. 187.5 at 9:46:00 AM , the stock had outperformed the market over the past one quarter till 11/03/2010 surged 13.95% as compared to the Sensex''s return of -0.14% and NSE Nifty''s -0.14 % returns.
Supreme Infrastructure India Ltd is a public owned enterprise with registered office near IIT Powai, Mumbai, India. The company first incorporated under Indian Companies Act 1956 as Supreme Asphalts Pvt. Ltd. was promoted by Shri Bhawanishankar Sharma with other promoters in 1983. Subsequently the company changed its name to Supreme Infrastructure India Private Limited in 2002. It has finally become a public limited company by the name Supreme Infrastructure India Ltd from the year 2005 onwards
Top News Today
 Maruti Suzuki, the country's largest auto-maker is likely to set up its stockyard facility in Nagpur, to reduce the transit time and increase delivery of vehicles. The company is producing 8,000 units
 Bharti Airtel, a leading global telecommunications company with operations in 19 countries across Asia and Africa, launched new name tunes service called 'Your Name Your Tune'. With the help of this service,
 Bajaj Auto, country's second largest two wheeler maker has unveiled its all new motorcycle -- Pulsar 200NS -- in Mumbai. Price of 2012 Pulsar will be revealed during its launch in April 2012 and it is
|
International Stock News
 The US markets made a mix closing on Thursday, as a drop in jobless claims fueled optimism about the economy and investors looked to the next day's employment report as the next indicator of the economic
 The US markets made a mixed closing on Tuesday, with the indices mostly slipping after US economic data failed to live up to expectation. The reports showed that American consumer confidence trailed estimates
 The US markets closed lower on Monday, as leaders in Europe gather to discuss the debt crisis for the seventeenth time in two years and tensions remained high with Portugal’s soaring borrowing costs. On
|
|
Recent Corporate-World News
|
|