The company announced the new order win during trading hours today, 30 March 2010.
Meanwhile, the BSE Sensex was down 34.86 points, or 0.20% to 17,676.49.
On BSE, 14,154 shares were traded in the counter as against an average daily volume of 26,834 shares in the past one quarter.
The stock hit a high of Rs 186.45 and a low of Rs 175.50 so far during the day. The stock had hit a 52-week high of Rs 212 on 4 January 2010 and a 52-week low of Rs 22.05 on 31 March 2009.
The small-cap stock had underperformed the market over the past one month till 29 March 2010, gaining 2.39% as compared to the Sensex's 7.80% rise. It had also underperformed the market in the past one quarter, falling 3.94% as compared to the Sensex's return of 1.78%.
The company's equity capital is Rs 13.88 crore. Face value per share is Rs 10.
The current price of Rs 2026 discounts the company's Q3 December 2009 annualized EPS of Rs 33.05, by a PE multiple of 18.88.
The project is to be executed within a period of 24 months. The company's current order book stands at Rs 1521 crore, which is 3.98 times its sales of Rs 382.25 crore for the year ended March 2009, giving strong revenue visibility.
Early last month, Supreme Infrastructure secured three orders aggregating Rs 363.94 crore.
Supreme Infrastructure India's net profit surged 105.6% to Rs 11.47 crore on 54.6% rise in net sales to Rs 142.78 crore in Q3 December 2009 over Q3 December 2008.
The company is engaged in construction services for infrastructure projects. Infrastructure projects include building roads, highways, rail over-bridges, fly-over, and tunnel-ways for various government, semi-government, private agencies and corporate houses. The company has two crushing plant, two asphalt plant, one ready mix concrete plant and one wet mix plant all of them are located in Mumbai.
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