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Petron Engineering Construction Ltd has informed the market that they had received a order worth 64 crore from M/s. Utility Energytech and Engineers Pvt. Ltd, an associate Company of Reliance Energy Ltd, Mumbai, for Erection of Boiler Proper for 2 x 600MW DVC for their Ragunathpur Thermal Power Project, West Bengal .
Cubex Tubings Ltd has informed the market today that the Company has received order worth Rs 6 crore from NTPC Ltd under competitive bidding.The stock price went up by 5 percent after the announcement .
McNally Bharat Engineering informed the market today that hey have bagged two orders aggregating Rs 53.25 crore.The stock went up by 4 percent or so after they informed the order details .Financially the company’s net profit fell by 7 percent to Rs 4.07 crore on 18 percent increase in net sales to Rs 131.80 crore in Q1 June 2008 over Q1 June 2007.
Bartronics India Ltd informed the market today that they have got order worth 400 crore for smard card project.This project is from Employees State Insurance Corporation fro providing smart card , not sure what they use smart card for but ghis is a very big order for 400 crores and its distributed for district-wise operation of Smart Cards under the RSBY Scheme covering 609 districts across the country.
Larsen & Toubro informed the market today that company with many more consortium has bagged engineering, procurement and construction orders worth Rs 3,816 crore from the steel and zinc industry.This takes the order book to Rs 45,000 crore.The market really was not happy with the news the stock went down by more than 40 rs.on the financial side L&T’s net profit surged 33.3% to Rs 502.44 crore on 53.2% increase in net sales to Rs 6901.43 crore in Q1 June 2008 over Q1 June 2007.
Panacea Biotec informed the market that it has received order worth 35 million US dollars from UNICEF to supply pentavalent vaccines, the order is almost worth 140 crore rs in indian money, This is forst time i have seen a unicef order coming to a indian medical company .On the financial side The company’s net profit fell 27.9% to Rs 34.05 crore on 3.8% decline in sales to Rs 224.48 crore in Q1 June 2008 over Q1 June 2007.
Maytas Infra Ltd has informed the market that they as part of the consortium of Nava Bharat Ventures Ltd, Maytas Infra Ltd, Italian-Thai Development Public Company Ltd and Infrastructure Leasing & Financial Services Ltd (”NMII Consortium”) has been awarded the Concession for undertaking the development of the Hyderabad Metro Rail (MRTS) Project on Design, Build, Finance, Operate and Transfer (the “DBFOT”) basis to its Consortium comprising .
Ram Informatics Ltd has informed the market that they had been awarded an order from IT&C Department (eGovernance), Government of Andhra Pradesh for Support of Social Benefit Management System (SBMS) Application Software for a period of Three years.Not sure how much is the contract worth no details on that but they are very bad on the financial front.Ram Informatics’ net profit fell 60.47% to Rs 0.34 crore on 23.39% fall in net sales to Rs 2.85 crore in Q4 March 2008 over Q3 December 2007.
SAAG RR Infra Ltd has informed the market tht they have bagged a order worth 280 crore from ONGC for the hiring of operation and maintenance services for ONGC rigs “Sagar Shakti”, “Sagar Jyoti” and “Sagar Kiran”.The contract would be for three years .on the financial side net profit for the company surged 42% to Rs 1.15 crore on 26% increase in net sales to Rs 14.52 crore in Q1 June 2008 over Q1 June 2007. So this 280 crore span over 3 years will give income of 90 crores per year and which is like atleast 20 to 22 crores per qtr .
SEL Manufacturing Company informed the market today that it has received an export order for supplying 1.1 million pieces of readymade garments to a Russian customer.The stock slumped yesterday like 125 rs or 20 percent dont ask me why .On the financial side SEL Manufacturing Company’s net profit surged 215.3% to Rs 19.14 crore on 209.2% increase in net sales to Rs 176.87 crore in Q1 June 2008 over Q1 June 2007.The EPs is almost 47 or so compared to the june results so after the crash yesterday almost the PE is at like 10 or 11 .
Petron Engineering Construction informed the market today that they have received a order worth Rs 100.23 crore from HPCL-Mittal Energy for its Guru Gobind Singh refinery project , The stock went up by more than 6 percent or more than 15 rs , on the financial side Petron Engineering Construction’s net profit rose 44.5% to Rs 3.31 crore on 48.8% increase in net sales to Rs 94.49 crore in Q1 June 2008 over Q1 June 2007.
Simplex Castings informed the market today that with Hyundai Heavy Industries in a consortium has won an order worth Rs 62.58 crore from Steel Authority of India.Simplex Castings (SCL)’s net profit rose 9.6% to Rs 1.37 crore on 1.1% increase in net sales to Rs 33.01 crore in Q1 June 2008 over Q1 June 2007.
Subhash Projects informed the market today that the Company has recently been awarded the order by Public Health Engineering Dept. (PHED), Basni, Jodhpur, Government of Rajasthan.The order entails construction of pipelines, water treatment plants, raw water pump houses and allied works, for the Pokaran-Falsoond-Balotra-Siwana lift project.
Nagarjuna Construction informed the market that it has won 443 crore worth order from 4 firms.
>The first order, valued at 107.7 crore , is for an irrigation scheme in Andhra Pradesh, and the execution time is 30 months.
>The second order, worth 219.10 crore is for water supply in the western state of Rajasthan and to be executed in 75 months.
>The third order ,worth 31.8 crore to be executed in 18 months fopr nagpur
>The fourth order , 84.9 crore to be executed in 18 months for national institute of technology warangal.
Shiv Vani Oil & Gas Exploration Services informed the market today that they have been awarded a contract worth Rs 1610 crore from Oil & Natural Gas Corporation to deploy eight onshore deep drilling rigs.on the financial side Shiv Vani Oil showed net profit of 115.9% to Rs 21.22 crore on 118.4% growth in net sales to Rs 142.26 crore in Q1 June 2008 over Q1 June 2007.
