Era Infra bags Contracts of Rs. 1,26,33,34,441/-
Announcement: Era Infra Engineering Ltd has informed BSE that the Company has secured contracts worth Rs. 1,26,33,34,441/- for:
1. The work for Piling and Foundations works at Anpara-D Thermal Power Plant (PTPP) of UPRUVNL at Anpara, Sonebhadra, U.P. by Bharat Heavy Electricals Ltd. (BHEL) valuing Rs. 77,42,00,000/- and
2. Construction of Various Building at BHU Varanasi, Package-I consisting of 14 Buildings by Central Public Works Department (CPWD) valuing Rs. 48,91,34,441/-.
ZRAJA
during recent correction period the midcap infrastructure comp. like idfc, supreme, era infra, maytas infra etc. were corrected very less or negligible. now the market will be in consolidation mode between 15500 to 16000 (sunsex), 4650 to 4750 (Nifty). in this momentum these infra comp. will be corrected. suggested to exit these infra stocks at current level and reinter at atleast 20% below the current price.