/ Sunil Hitech Hits 5% Upper Circuit After Order Win ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Wednesday, 28 December 2016


Sunil Hitech Engineers Ltd is currently trading at Rs 12.4, up by Rs 0.59 or 5% from its previous closing of Rs 11.81 on the BSE after the company has won an order worth Rs 434 crore from National Highways & Infrastructure Development Corp.
   
The order is for two-laning of Hunli-Anini road in Arunachal Pradesh. With this order, the company's total road segment order book stands at Rs 1,352 crore and it plans to bid for projects worth Rs 6,000 crore in the rest of the current financial year.

The scrip opened at Rs 12.4 and has touched a high and low of Rs 12.4 and Rs 12.4 respectively. So far 2213488 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 446.42 crore.

The BSE group 'B' stock of face value Rs 1 has touched a 52 week high of Rs 23.43 on 20-Oct-2016 and a 52 week low of Rs 7.75 on 24-Jun-2016. Last one week high and low of the scrip stood at Rs 12.93 and Rs 11.42 respectively. The promoters holding in the company stood at 43.86 % while Institutions and Non-Institutions held 0.35 % and 55.79 % respectively. The stock is currently trading below its 50 DMA.
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