The company announced the order win after trading hours on Tuesday, 23 December 2008.

Meanwhile, the BSE Sensex was down 85.35 points, or 0.88%, to 9,601.40.

On BSE, 13,764 shares were traded in the counter. The stock had an average daily volume of 7,706 shares in the past one quarter.

The stock hit a high of Rs 32.25 and a low of Rs 30.15 so far during the day. The stock hit a 52-week high of Rs 177.20 on 1 January 2008 and a 52-week low of Rs 22 on 28 November 2008.

The stock is up 42.73% from a recent low of Rs 22.35 on 1 December 2008.

The small-cap stock had outperformed the market over the past one month till 23 December 2008, gaining 14.52% as compared to the Sensex's return of 8.65%. It had underperformed the market in the past one quarter, falling 48.22% as compared to the Sensex's decline of 28.62%.

The company's current equity is Rs 13.50 crore. Face value per share is Rs 10.

The current price of Rs 31.90 discounts the company's Q2 September 2008 annualized EPS of Rs 2.84, by a PE multiple of 11.23.

The company has bagged two orders aggregating to Rs 47.96 crore from two different clients.

PBA Infrastructure's net profit fell 76.9% to Rs 0.96 crore on 5.2% fall in net sales to Rs 75.03 crore inQ2 September 2008 over Q2 September 2007.

PBA Infrastructure is a construction company engaged in building roads, dams, runways and bridges.