15 days ago listed civil construction company bags order worth Rs 20.17 crore from Komatsu India Pvt Ltd; Stock hit 52-week high!

The stock was listed 15 days ago on August 06, 2024, and up by 83 per cent from its 52-week low (on August 08, 2024) of Rs 222.95 per share.

SATHLOKHAR SYNERGYS E&C GLOBAL LIMITED has successfully won a contract from Komatsu India Private Limited to build a new warehouse and its associated MEP systems in Oragadam. The warehouse will be 4,200 square meters in size and will feature a 10-ton per square meter floor load, a 10-meter eave height, and concrete road and collection tank works.

This is a domestic contract awarded by a subsidiary of a Japanese company specializing in manufacturing Poclain and heavy-duty dumpers. The project is expected to be completed by March 2025 and is valued at Rs 20.17 crore (including GST).

Sathlokhar Synergys E&C Global Ltd is a construction company established in 2013. They specialize in providing engineering, procurement and construction (EPC) services for various projects, including industrial, commercial and healthcare facilities. Their in-house capabilities allow them to manage projects from start to finish, handling everything from design and planning to construction and commissioning.

On Wednesday, shares of Sathlokhar Synergys E&C Global Ltd jumped 18.85 per cent and made a fresh 52-week high of Rs 410 per share from its previous closing of Rs 344.95 per share. At the closing bell, shares of the company were trading at Rs 398 per share, up 15.4 per cent.

The company has a market cap of Rs 960 crore with an ROE of 96 per cent and an ROCE of 117 per cent. The stock was listed 15 days ago on August 06, 2024, and up by 83 per cent from its 52-week low (on August 08, 2024) of Rs 222.95 per share.

Disclaimer: The article is for informational purposes only and not investment advice. 

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