Unity Infraprojects bags orders worth 2250 million

Unity Infraprojects has informed that the company has bagged two orders worth Rs 2250 million. The first order is for re-modeling and up-gradation of Major Dhyan Chand National Stadium worth Rs 1478 million from Central Public Works Department (PWD). The company has to complete the order within 18 months as the country gets ready for 2010 Commonwealth Games.

The second order is from Thane Municipal Corporation worth Rs 770 million. The company has been allotted the work of offering construction facility for 110 MLD water supply from Pise Head-works. The company will work on this project along with SMC Infrastructures and Nagarjuna Construction.

The stock touched a 52-week high of 724 on BSE today. The stock was trading at 681 on Bombay Stock Exchange with a gain of Rs 8. The company has a market capital of Rs. 910.36 crore. At current price the P/E ratio for Unity Infraprojects 22.45. The earnings per share for the company stood at Rs 30.34.