Feb 25, 2013, 03.46 PM IST

Sadbhav Engg jumps 5% on big order from Coal India arm

Sadbhav Engineering jumped nearly 5 percent intraday on Monday after the company received order worth Rs 697.35 crore from Northern Coalfields (A subsidiary of Coal India).

Source: Moneycontrol.com
Share Share on Tumblr
Share  .  Email  .  Print  .  A+
Sadbhav Engg jumps 5% on big order from Coal India arm
Sadbhav Engineering jumped nearly 5 percent intraday on Monday after the company received order worth Rs 697.35 crore from Northern Coalfields (A subsidiary of Coal India ).


The project work includes excavation of overburden of first dig (solid) by hiring of equipment such as excavator, dumpers/trippers, drills, dozers, graders and water sprinklers for composite work consisting of blast hole drilling, excavation, loading, transportation of broken rocks/soil/earth, unloading/dumping, spreading, dozing, water sprinkling and grading etc. The total quantity for the excavation of over burden is 100 million BCM.
 
At 14:53 hours IST, shares rallied 3.86 percent to Rs 112.90 amid hefty volumes on Bombay Stock Exchange.
 
Trading volumes spiked 252 times to 4,47,819 equity shares as against five-day average of 1,772 shares. Market capitalisation of the company currently stands at Rs 1,703.99 crore.


Set email alert for

Action in Sadbhav Engineering
Microsoft updates Bing's voice search on Windows Phone for results twice as fast
The inside story of how Sonia's spin doctoring works "The inside story of how Sonia's spin doctoring works"

From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'

The latest earning numbers FIRST on CNBC-TV18
News Videos

Jun 18 2013, 22:39

Indian equities` long-term fundamentals intact: ICICI Pru

- in MARKET OUTLOOK