New road projects boosts Ramky Infrastructure

December 12, 2011

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Ramky Infrastructure surged 7.19% to Rs. 220 at 14:35 IST on BSE after the company said it has secured two road projects aggregating Rs. 2240.65 crore from National Highways Authority of India.

The company made this announcement during trading hours today, 1 December 2011.

Meanwhile, the BSE Sensex was up 355 points, or 2.2% to 16,478.46.

On BSE, 35,995 shares were traded in the counter as against average daily volume of 6,139 shares in the past one quarter.

The stock hit a high of Rs. 226.70 and a low of Rs. 208 so far during the day. The stock had hit a record low of Rs. 200 on 5 October 2011. The stock had hit a 52-week high of Rs. 363.85 on 1 December 2010.

The stock underperformed the market over the past one month till 30 November 2011, falling 14.21% compared with the Sensex’s 9.44% fall. The stock had also underperformed the market in past one quarter, sliding 9.84% as against Sensex’s decline of 3.32%.

The mid-cap infrastructure developer has an equity capital of Rs. 57.20 crore. Face value per share is Rs. 10.

Ramky Infrastructure said the first road project is for six laning of Agra – Etawah bypass section of national highway (NH)-2 covering the stretch between 199.660 Kilometres (KM) to 323 KM under National Highways Development Project (NHDP) Phase V in Uttar Pradesh. The project is to be executed on built-operate-transfer (BOT) (Toll) on design, build, finance operate and transfer (DBFOT) pattern, the company said in a statement. The concession period for the project is 30 years including the construction period of 910 days. The estimated cost of the project as per the client is Rs. 1207 crore, Ramky added.

The second road project involves four laning of Hospet – Chitradurga section of NH-13 covering the stretch between 299 KM to 418.60 KM in Karnataka under NHDP Phase III. The project is to be executed on BOT (Toll) on DBFOT pattern, the company said in a statement. The concession period for the project is 25 years including the construction period of 910 days. The estimated cost of the project as per the client is Rs. 1033.65 crore, Ramky added.

On a consolidated basis, Ramky Infrastructure’s net profit rose 9.5% to Rs. 44.20 crore on 31.6% rise in net sales to Rs. 736.63 crore in Q2 September 2011 over Q2 September 2010.

Ramky Infrastructure is an integrated construction, infrastructure development and management company. Since the commencement of its business in 1994, the company has undertaken a range of construction and infrastructure projects in various sectors such as water and waste water, transportation, irrigation, industrial construction & parks (including special economic zones), power transmission and distribution, and residential, commercial & retail property.

Source: indiainfoline.com

Written by ITW Editor · Filed Under Ramky Infrastructure Ltd.

18 Comments on “New road projects boosts Ramky Infrastructure” Post your comment

Ramanaiah.S on June 18th, 2015 12:36 am

I want job
M.Reddy sekhar reddy. on August 26th, 2015 2:11 am

I want job in toll operation.i have12years experience
Basukinath yadav on November 18th, 2015 9:59 pm

I am civil subcontractor I want to work
Ashish sahu on December 4th, 2015 11:51 am

I am current Job for L&T.but i want to work here ramky.
Ashish sahu on December 4th, 2015 11:55 am

I am current job for l&t foreman.but i want to Work for ramky.
Anil Kumar Pandey on January 21st, 2016 9:22 am

I wants to be a parts of ramky group
Premchand Kr Himanshu March2016 9:00am on March 13th, 2016 9:05 am

I am current job Form SECC I have 6 years experience for the field of construction roads project. But I want to Ramky. Any where country
Ashok Kumar Behera on March 15th, 2016 1:12 pm

I am share holder of the ramky infrastructure but i want job ramky.
now i am working under QDVC from jul-2016 to till now from Qatar NOH2 project.
Deepak kumar yadav on April 11th, 2016 10:23 pm

I am current job Form megha engineering infrastructure ltd. I have 6 years experience for the field of construction roads project. But I want to Ramky. Any whear chhattisgarh
Ashok singh yadav on June 5th, 2016 1:58 pm

I am current job isolux carson pvt ltd
rajasthan project of supervisor
DILLIP KUMAR GOUDA on July 5th, 2016 11:14 am

Dear sir , presently i working in keshribad construction privet limited ,nh4 Mumbai to banglore road project and i have 2 year exprinece as a site engineer in structure department .
I have intrested to join and working in ramky road project .
DILLIP KUMAR GOUDA on July 5th, 2016 11:20 am

Dear sir presently i working in keshribad construction private limited nh 4 mumbai to banglore road project
I have 2 year experience as site engineer in structure department
And i have intrested to join in ur company
Manish kumar on July 17th, 2016 8:16 pm

Sir i am surveyor survey & highway 10 years field exeperience . Gammon india ltd my contect no . 9473007236 & 8541045410
Kan singh rawat on July 24th, 2016 10:47 pm

i am surveyer 6years Experience
my current company mgg construction
my mob no-9660346277
Ajit mandal on August 31st, 2016 6:13 pm

I m from Jharkhand and I have to interested work in your company .in NHAI IM A CIVIL SUBCONTRACTOR .I WORK ED IN SINCE 15YEAR. Please contacted 9631958884.
rajesh pd singh on December 19th, 2016 6:35 pm

Iwant job in your company
B K GUPTA on March 20th, 2017 1:45 pm

B K GUPTA RAGISTED ALL LEBER SUPLY
MOBILE NO.- 9472156956
sabzar ahmad ganie on June 27th, 2017 9:46 pm

Job