Jaihind Projects rose 1.01% to Rs 139.60 at 10:39 IST on BSE, after the company bagged an order worth Rs 24.53 crore from Bhagyanagar Gas for laying and construction of U/G steel P/L network & associated works for CNG & city gas projects.
The company announced the new order win during trading hours today, 14 December 2009.
Meanwhile, the BSE Sensex was up 54.91 points, or 0.32%, to 17,173.94.
On BSE, 764 shares were traded in the counter as against an average daily volume of 3,574 shares in the past one quarter.
The stock hit a high of Rs 140 and a low of Rs 137.25 so far during the day. The stock had hit a 52-week high of Rs 170 on 16 October 2009 and a 52-week low of Rs 32 on 12 March 2009.
The company's equity capital is Rs 7.26 crore. Face value per share is Rs 10.
In November 2009, Jaihind Projects had secured an order worth Rs 14.05 crore from Bharat Petroleum Corporation for laying cross-country pipeline and associated works from Kochi Refinery to Cochin aviation fuelling station (AFS) at Ndedumbassery in Cochin district of Kerala.
Jaihind Projects' net profit surged 50.62% to Rs 6.07 crore on 64.91% rise in net sales to Rs 64.71 crore in Q2 September 2009 over Q2 September 2008.
The company is engaged in engineering and construction services.
Promoters have pledged more than 31.83 lakh shares representing 43.86% of the equity capital of the company. Total Promoter shareholding in the company is 47.74% (as on 30 September 2009).
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