The company announced the new order win before trading hours today, 23 November 2009.
Meanwhile, the BSE Sensex was up 66.64 points, or 0.39%, to 17,088.49.
On BSE, 5,120 shares were traded in the counter as against an average daily volume of 74,247 shares in the past one quarter.
The stock had hit a high of Rs 267.70 and a low of Rs 264.95 so far during the day. The stock had hit a 52-week high of Rs 271.40 on 20 November 2009 and a 52-week low of Rs 47.40 on 10 December 2008.
The small-cap stock had outperformed the market over the past one month till 20 November 2009, rising 16.60% as compared to the Sensex's 1.17% fall. It had also outperformed the market in the past one quarter, gaining 54.70% as compared to the Sensex's return of 13.39%.
The company's equity capital is Rs 16.69 crore. Face value per share is Rs 10.
The current price of Rs 267.70 discounts the company's Q2 September 2009 annualized EPS of Rs 25.50, by a PE multiple of 10.50.
A joint venture (JV) of Pratibha Industries with Gammon India has bagged the latest order from Bangalore Water Supply & Sewerage Board for procurement, fabrication and laying of clear water. The project is to be executed within 26 months.
Late last week, Pratibha Industries bagged an order worth Rs 58.85 crore from NTPC for circulating water and make-up water system civil works package for its Mauda super thermal power project. The project is to be executed within 21 months.
Pratibha Industries had on 18 November 2009 secured a contract worth Rs 294.30 crore from UP Jal Nigam, Meerut for a water supply project at Meerut. The project is to be executed within a period of 24 months.
Late last month, Pratibha Industries had secured a project from Delhi Metro Rail Corporation for construction of multilevel parking with commercial development at New Delhi railway station and airport terminal of Airport Express Line. The project has a construction period of 15 months and a concession period of 30 years. The cost of construction is estimated to be around Rs 150 crore.
In early October 2009, Pratibha Industries bagged an order worth Rs 24.72 crore from GAIL (India) for supply of steel pipes for its Bawana-Nangal pipeline project.
Pratibha Industries' net profit rose 0.4% to Rs 10.64 crore on 1.3% increase in net sales to Rs 197.07 crore in Q2 September 2009 over Q2 September 2008.
The company is engaged in the business of infrastructure and manufacture of submerged arc welded (SAW) pipes.