Sadbhav Engineering rises 5.68%

The Sadbhav Engineering stock rose 5.68 per cent to close at Rs 805 after the company announced that it has increased its stake from 51 per cent to 90 per cent in one of its BOT project in Maharashtra. The stock witnessed trading volumes of 1,181 shares with delivery volumes of 72 per cent at the BSE.

The scrip opened at Rs 780 and made an intra day low of Rs 771, and closed at the day’s high. Stock is up 1.58 per cent in last one week and 17.52 per cent in a month. The share prices of the company are currently trading near its 52-week high of Rs 845 made in August 2009.