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New order boosts Pratibha Industries

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Capital Market

Pratibha Industries surged 5.36% to Rs 23.60 at 12:32 IST on BSE after the company said it has secured an order worth Rs 321.88 crore from PHED (Ajmer), Rajasthan.

The new order was announced during trading hours today, 21 October 2013.

Meanwhile, the S&P BSE Sensex was down 64.80 points or 0.31% at 20,818.09.

On BSE, 78,000 shares were traded in the counter as against average daily volume of 86,000 shares in the past two weeks.

The stock hit a high of Rs 24.20 and a low of Rs 22.50 so far during the day.

Pratibha Industries said that the contract is scheduled to be completed in 36 months from the date of commencement.

 

Pratibha Industries' consolidated net profit fell 99.3% to Rs 0.16 crore on 1.3% decline in net sales to Rs 552.27 crore in Q1 June 2013 over Q1 June 2012.

Pratibha Industries is engaged in the business of integrated infrastructure solutions.

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First Published: Oct 21 2013 | 12:30 PM IST

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