Stock Report

Sadbhav Engineering receives project worth Rs.327.70 Crores in JV with JMC Projects



Posted On : 2007-07-05 03:12:06( TIMEZONE : IST )

Sadbhav Engineering receives project worth Rs.327.70 Crores in JV with JMC Projects

Sadbhav Engineering Ltd has announced that the Company has been awarded the following project worth of Rs 327.70 crores in joint venture with JMC Projects (India) Ltd. The share of Company in said Joint Venture is 49.50%.

"Construction for New Four Lane Agra Bypass connecting KM 176.800 of NH-2 to KM 13.030 of NH-3 in state of Uttar Pradesh (Package No. NS/UP-1)".

The stock closed the day at Rs.605, up by Rs.8.55 or 1.43%. The stock hit an intraday high of Rs.616.65 and low of Rs.592. The total traded quantity was 78178 compared to 2 week average of 71487.

Source : Equity Bulls

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