Sunil Hitech Engineers surged 5.76% to Rs 203 at 12:25 IST on BSE after the company said it has bagged orders worth Rs 100.68 crore from JSW Steel for structural works.
The stock hit a high of Rs 207.80 and a low of Rs 194 so far during the day. The stock had a 52-week high of Rs 415 on
The company’s current equity is Rs 12.28 crore. Face value per share is Rs 10. The current price of Rs 203 discounts its Q3 December 2007 annualized EPS of Rs 20.14, by a PE multiple of 10.08.
Sunil Hitech Engineers’ net profit rose 230.1% to Rs 5.05 crore on 120.6% growth in net sales to Rs 79.10 crore in Q3 December 2007 over Q3 December 2006.
Following these projects, the company’s unexecuted order book position has reached Rs 823.94 crore. These projects are to be executed within a period of 15 to 36 months.
Sunil Hitech specializes in fabrication, erection, testing & commissioning of thermal power plants, both in the private as well as the public sector.
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