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Wednesday, March 17, 2010

Subhash Projects bags orders worth Rs 475 cr

Construction firm Subhash Projects & Marketing today said it has bagged two orders worth Rs 475.34 crore for infrastructure related works.

The company, along with Kirloskar Brothers Ltd, has bagged a contract worth Rs 439.35 crore from Bangalore Water supply Sewerage Board for civil and electromechanical works, Subhash Projects said in Bombay Stock Exchange (BSE) filing.

The company has also bagged an order worth Rs 35.99 crore from Delhi Jal Board for replacement works, it added.

Shares of Subhash Projects & Marketing were today trading at Rs 142 on BSE, up 1.07 per cent from its previous close.
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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Monday, Apr 07
21:00 3-Month Bill Auction 1 4.175% 4.205%
21:00 6-Month Bill Auction 1 4.00% 4.07%
Tuesday, Apr 08
00:30 Consumer Credit Change 1 $-0.81B $15.20B $18.08B
03:30 NZIER Business Confidence (QoQ) 2 19% 16%
04:40 Fed's Goolsbee speech 2
07:00 National Australia Bank's Business Confidence 1 -1
07:00 National Australia Bank's Business Conditions 1 4
11:15 Unemployment Rate s.a (MoM) 1 2.7%
15:30 NFIB Business Optimism Index 1 101.3 100.7
18:25 Redbook Index (YoY) 1 4.8%
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