Supreme Infra bags contracts worth Rs 413.50 cr in Bihar

Supreme Infrastructure on Friday said it has won Rs 413.5 crore order in the power distribution sector in Bihar.

Supreme Infrastructure  on Friday said it has won Rs 413.5 crore order in the power distribution sector in Bihar.

"The company has got two work orders in Bihar. The first is a turnkey basis project under 12th plan of Rajiv Gandhi Gramin Vidyutikaran Yojana which entails erection and civil works of material and equipment for village electrification in Supaul district of Bihar.

This project was awarded by North Bihar Power Distribution Company Patna and valued at Rs 234.87 crore," the company said in a statement.

Awarded by South Bihar Power Distribution Company, Patna, the second contract is worth Rs 178.62 crore, it said.

The shares of the company closed at Rs 258.65, down 3.13 percent on the BSE from the previous close.

Supreme Infra stock price

On February 06, 2015, Supreme Infrastructure India closed at Rs 258.65, down Rs 8.35, or 3.13 percent. The 52-week high of the share was Rs 438.75 and the 52-week low was Rs 191.00.

The company's trailing 12-month (TTM) EPS was at Rs 28.44 per share as per the quarter ended September 2014. The stock's price-to-earnings (P/E) ratio was 9.09. The latest book value of the company is Rs 244.52 per share. At current value, the price-to-book value of the company is 1.06.

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