Gayatri Projects to bid aggressively for NHAI orders: MD

Written By Unknown on Senin, 23 Maret 2015 | 18.00

Going forward the company also plans to bid aggressively for the NHAI order, said TV Sandeep Reddy, nanaging director of Gayatri Projects.

Gayatri Projects bagged new order from Public Works Department (PWD), Raipur for nearly Rs 1.37 crore. TV Sandeep Reddy, nanaging director of Gayatri Projects said it is an ADB funded two-lane project.

Going forward the company also plans to bid aggressively for the NHAI order, said Reddy.

The order book for the company at the end of December quarter was around Rs 6000 core. He said revenues from the new order will start coming in from the next financial year.

for the entire interview watch video

Gayatri Project stock price

On March 23, 2015, Gayatri Projects closed at Rs 142.00, down Rs 5.7, or 3.86 percent. The 52-week high of the share was Rs 192.00 and the 52-week low was Rs 50.50.


The company's trailing 12-month (TTM) EPS was at Rs 7.32 per share as per the quarter ended December 2014. The stock's price-to-earnings (P/E) ratio was 19.4. The latest book value of the company is Rs 220.32 per share. At current value, the price-to-book value of the company is 0.64.


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