Sadbhav Engineering is currently trading at Rs. 308.10, up by 5.50 points or 1.82% from its previous closing of Rs. 302.60 on the BSE.
The scrip opened at Rs. 308.20 and has touched a high and low of Rs. 311.30 and Rs. 306.80 respectively. So far 2584 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 325.00 on 22-Mar-2017 and a 52 week low of Rs. 220.00 on 09-Nov-2016.
Last one week high and low of the scrip stood at Rs. 324.00 and Rs. 290.00 respectively. The current market cap of the company is Rs. 5286.10 crore.
The promoters holding in the company stood at 46.76%, while Institutions and Non-Institutions held 43.00% and 10.24% respectively.
Sadbhav Engineering has inked EPC agreement with Sadbhav Bangalore Highway (a step down subsidiary) worth Rs 855 crore for maintenance and repair work during the development period and construction period for 170.92 kms of BRT Tiger Reserve Boundary to Bangalore section of NH-209.
Sadbhav Engineering is one of the largest BOT developers in the road sector in India with good project execution skills. SEL operates in the four distinct business areas in the infrastructure sector viz. BOT road projects, cash contract-based road projects, irrigation projects and mining.