Meanwhile, the S&P BSE Sensex was down 168.02 points or 0.49% at 34,178.37. The S&P BSE Mid-Cap index declined 0.33%, outperforming the Sensex.

On the BSE, 5,238 shares were traded on the counter so far as against average daily volumes of 1.36 lakh shares in the past one quarter. The stock had hit a high of Rs 137.50 and a low of Rs 134.20 so far during the day. The stock had hit a record high of Rs 157.50 on 11 January 2018 and a 52-week low of Rs 89.65 on 27 September 2017.

The stock had underperformed the market over the past one month till 27 February 2018, sliding 6.36% compared with the Sensex's 4.73% fall. The stock had also underperformed the market over the past one quarter, declining 0.41% as against the Sensex's 1.84% rise. The scrip had, however, outperformed the market over the past one year, surging 44.24% as against the Sensex's 19.2% rise.

The mid-cap company has equity capital of Rs 352.23 crore. Face value per share is Rs 10.

The National Highways Authority of India (NHAI) project cost is Rs 894.24 crore. Bid project cost is Rs 1152 crore and bid price is Rs 1047.62 crore. The construction period is 910 days from the appointed date.

On a consolidated basis, Sadbhav Infrastructure Project reported a net loss of Rs 41.20 crore in Q3 December 2017, compared with net loss of Rs 69.65 crore in Q3 December 2016. Net sales rose 93.8% to Rs 624.37 crore in Q3 December 2017 over Q3 December 2016.

Sadbhav Infrastructure Project is into development, operation and maintenance of road infrastructure assets. It undertakes turnkey contractual works and other than civil construction of the projects.