Subhash Projects & Marketing surged 2.86% to Rs 190.90 at 12:32 IST on BSE after the company said on Wednesday, 6 August 2008, it has bagged an order worth Rs 318 crore from Public Health Engineering Department, government of Rajasthan.
The company made this announcement during trading hours on Wednesday, 6 August 2008.
The stock hit a high of Rs 195.35 and a low of Rs 188.20 so far during the day. The stock had hit a 52-week high of Rs 599 on 4 January 2008 and a 52-week low of Rs 158.05 on 3 July 2008.
The company has an equity capital of Rs 7.33 crore. Face value per share is Rs 2.
The current price of Rs 190.90 discounts its Q1 June 2008 annualised EPS of Rs 17.74, by a PE multiple of 10.76.
In April 2008, Subhash Projects bagged an order worth Rs 329.48 crore from NTPC.
Subhash Projects & Marketing’s net profit rose 18.3% to Rs 16.25 crore on 28.6% increase in net sales to Rs 306.03 crore in Q1 June 2008 over Q1 June 2007.
The company is engaged in construction projects. The company operates in the field of water supply, sanitation and solid waste management, hydropower and electrification projects.
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