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PBA Infrastructure moves north on winning new orders

Capital Market / 13:48 , Mar 15, 2010

PBA Infrastructure gained 1.74% to Rs 70.35 at 13:45 IST on BSE, after the company bagged new orders aggregating Rs 95 crore from Sadbhav Engineering for construction works.

The company announced the fresh orders during trading hours today, 15 March 2010.

Meanwhile, the BSE Sensex was down 1.20 points, or 0.01% to 17,165.42.

On BSE, 36,244 shares were traded in the counter as against an average daily volume of 37,132 shares in the past one quarter.

The stock hit a high of Rs 71.75 and a low of Rs 68 so far during the day.

The company's equity capital is Rs 13.50 crore. Face value per share is Rs 10.

The current price of Rs 70.35 discounts the company's Q3 December 2009 annualized EPS of Rs 13.13, by a PE multiple of 5.36.

PBA Infrastructure's net profit declined 15.6% to Rs 4.43 crore on 0.7% fall in net sales 100.86 crore in Q3 December 2009 over Q3 December 2008.

PBA Infrastructure is a construction company engaged in building roads, dams, runways and bridges.

 



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