Wednesday, March 26, 2008

"Roman Tarmat" bagged New order

Roman Tarmat declined 2.25% to Rs 69.60 at 13:05 IST on BSE even as the company said it has bagged an order worth Rs 29.42 crore from New Mangalore Port Trust, Mangalore for concreting the existing roads in Mangalore.

The stock hit a high of Rs 73 and a low of Rs 69.20 so far during the day, which is a 52-week low. The stock had a 52-week high of Rs 376.25 on 9 July 2007.

The company’s current equity is Rs 10.96 crore. Face value per share is Rs 10.

The current price of Rs 69.60 discounts its Q3 December 2007 annualized EPS of Rs 7.01, by a PE multiple of 9.93.

Roman Tarmat’s net profit declined 40.9% to Rs 1.92 crore on 3.1% fall in net sales to Rs 26.37 crore in Q3 December 2007 over Q3 December 2006.

The project is to be executed within a period of 18 months.

The company provides engineering, procurement and construction services for infrastructure projects. The services include construction of airside works, highways, roads and other civil work.

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