Sadbhav Engineering receives new orders worth Rs.196.5 Crores

Sadbhav Engineering Ltd has announced that the Company has been awarded the following projects worth Rs 1965 Millions by Madhya Pradesh Road Development Corporation Ltd.

1. For execution of the Package - 1 - Shivpuri - Sheopur - Rajasthan Border (SH- 06) road project for the Accepted Contract Amount of Rs 1147 million.

2. For execution of the Package - 11 - Seoni - Chiraidongri (SH-11A) Rajasthan Border (SH-06) road project for the Accepted Contract Amount of Rs 818 million.

The stock was trading at Rs.720, up by Rs.9.30 or 1.31%. The stock hit an intraday high of Rs.729.85 and low of Rs.710. The total traded quantity was 25643 compared to 2 week average of 19038.

Source : Equity Bulls

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