Patels Airtemp bags order worth Rs 5 crores

by khalid on 16/04/2010 · 0 comments

Patels Airtemp (I) Ltd Manufacture & Export of Window Air Conditioners,Split Air Conditioners, Ductable Split Air Conditioners,Air Cooled Packaged Air Conditioner. The company informed the market (BSE) that they have won orders from M/s. Manav Nesvi Infrastructure Pvt. Ltd., Ahmedabad. This is an order for Air Conditioning of Shree Balaji Agora Mall, Ahmedabad. The total cost of the order is Rs 5 Crores.

Company’s competitors are L&T and Godrej and profit margin is 15-20%, and net profit about 10-12%, that kind of growth rate is there.

Share’s Data :-
BSE Code : 517417
Mkt. Cap: Rs 45 Crores
P/E: 6.28
EPS: 14.09 in Mar 2009
Face Value : Rs 10
Last Dividend : 18% in Jun 2009
52 Week H/L : Rs 132.00 / 33.55
Patels Airtemp (India) Ltd. share’s CMP is Rs 89.00 on 16th Apr 2010.

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