Meanwhile, the BSE Sensex was down 18.90 points or 0.11% to 17,484.81.
On BSE, 17,000 shares were traded in the counter as against average daily volume of 21,865 shares in the past one quarter.
The stock hit a high of Rs 346.70 so far during the day, which is a record high for the counter. The stock hit a low of Rs 329.95 so far during the day. The stock had hit a 52-week low of Rs 152.50 on 15 December 2011.
The stock had outperformed the market over the past one month till 19 April 2012, rising 26.29% compared with the Sensex's 1.33% gain. The scrip had also outperformed the market in past one quarter, surging 66.83% as against Sensex's 5.17% gain.
The company has an equity capital of Rs 16.74 crore. Face value per share is Rs 10.
The Supreme Infrastructure India stock has risen 5.47% in two trading sessions from Rs 321.40 on 18 April 2012, after the company during trading hours on Thursday, 19 April 2012 said it has secured two projects aggregating approximately Rs 283 crore from Punjab Public Works Department and Delhi Urban Shelter Improvement Board (DUSIB). The stock had risen 2.02% to settle at Rs 327.90 on Thursday, 19 April 2012.
Supreme Infrastructure India secured a build, operate, transfer (BOT) project from Punjab Public Works Department for development and operation & maintenance of Kotkapura-Muktsar road (SH-16) in Punjab on design, build, finance, operate & transfer (DBFOT) basis. The project cost is estimated at Rs 117 crore.
The company has secured an order from DUSIB for construction of houses under JNNURM for slum dwellers at Bhalaswa Jahangir Puri in New Delhi. The project value is approximately Rs 166 crore. The project is to be executed over a period of 18 months starting May 2012, Supreme Infrastructure said in a statement.
Supreme Infrastructure India's net profit rose 32% to Rs 25.02 crore on 70.6% growth in net sales to Rs 409.89 crore in Q3 December 2011 over Q3 December 2010.
Supreme Infrastructure India is one of the leading players in the infrastructure space, focusing on areas such as roads, bridges, power, water, railways, civil construction etc.
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