Pratibha Inds 'ordered' up
By
Research Desk
about 12 years ago
Pratibha Industries is up almost 3% at Rs.24.75, closer to its intra day high at Rs.25. Volumes remain muted at 15,000 shares compared to 2-weeks average of over 2 lakh.
The stock is up over news of a slew of orders. Yesterday, the company announced having received Rs.226.95 crore from PHED, Jaipur. And today, the company has announced having received a Rs.168.35 crore order from Noida, UP. The order if for the construction of Multilevel Car Parking (Civil Works) in Sec-18, NOIDA, UP. The Contract is scheduled to be completed in 24 months from the date of commencement.
Interestingly, this spate of new order news comes in fast and furious after the company had hit a new 52-week low yesterday at Rs.23.30.