Gayatri Projects bags order worth Rs 602 crores

by khalid on 31/03/2010 · 0 comments

Gayatri Projects Ltd is a Hyderabad based construction firm. The company informed the market (BSE) that they gets an order from the National Highways Authority of India (NHAI). The order is for six lanning of 45 km stretch on Indore-Dewas national highway (NH-3) on build, operate, transfer (BOT) basis in the state of Madhya Pradesh.

This order is worth Rs 602 crores. The company has agreed to pay a premium of Rs 24.10 crore to the National Highways Authority of India (NHAI) annually and has a right to collect toll on the existing four lane highway through its SPV.

Share’s Data :-
BSE Code : 532767
Mkt. Cap: Rs 385 Crores
P/E: 9.31
EPS: Rs 40.89 in Mar 2009
Face Value : Rs 10
Last Dividend : 25% in Jan 2010
52 Week H/L : Rs 472.10 / 58.35
Gayatri Projects Ltd. share’s CMP is Rs 381.80 on 30th Mar 2010.

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