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Simplex Infrastructures bags Rs. 210 Cr. project from Reliance Infrastructure. Simplex order book stands at Rs 4200 cr
Simplex Infrastructures Ltd. has bagged a project worth Rs.210 Cr. from Reliance Infrastructure to execute civil and structural works, including works for various plants of Reliance Refinery at Jamnagar, Gujarat.
Commenting on this, Mr. Amitabh Das Mundhra, Director, Simplex Infrastructures Ltd. said, "Simplex is one of the major construction companies involved with this refinery which is a part of the huge refinery & petrochemical complex in Jamnagar. Simplex has been associated with plants in this refinery complex for a long time and has been a key player in oil gas & petrochem infrastructure sector."
Simplex is already executing projects for almost all the large industrial & infrastructure developers in Gujarat.
The order book stands at Rs. 4200 Crore and the company is completing orders at the rate of Rs. 125 Crore per month.
Sourced From : Image Public Relations Pvt. Ltd.
Simplex Infra stock price
On August 22, 2014, Simplex Infrastructures closed at Rs 285.85, down Rs 3.5, or 1.21 percent. The 52-week high of the share was Rs 392.00 and the 52-week low was Rs 39.00.
The company's trailing 12-month (TTM) EPS was at Rs 12.23 per share as per the quarter ended June 2014. The stock's price-to-earnings (P/E) ratio was 23.37. The latest book value of the company is Rs 282.53 per share. At current value, the price-to-book value of the company is 1.01.
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