The order includes mining project/work for contract value of Rs 317.11 crore and the contract period is 3 years.
Moneycontrol News
Share price of Sadbhav Engineering added 5 percent intraday Monday as company bagged an order worth Rs 317 crore.
The company has been declared the successful bidder (L1) in reverse auction process in respect of the bids invited by South Eastern Coalfields, Chhattisgarh.
The order includes mining project/work for contract value of Rs 317.11 crore and the contract period is 3 years.
The share touched its 52-week high Rs 438.85 and 52-week low Rs 262.00 on 11 January, 2018 and 22 August, 2017, respectively.
Currently, it is trading 14.21 percent below its 52-week high and 43.7 percent above its 52-week low.
At 11:04 hrs Sadbhav Engineering was quoting at Rs 375.85, up Rs 4.70, or 1.27 percent on the BSE.
Posted by Rakesh Patil