PBA Infrastructure bags Rs 780cr order, but stock falls

Written By Unknown on Senin, 04 Maret 2013 | 15.45

Mar 04, 2013, 02.10 PM IST

Shares of PBA Infrastructure declined nearly 2 percent despite receiving project worth Rs 780 crore from Solapur Tollways Private Limited.

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PBA Infrastructure bags Rs 780cr order, but stock falls

Shares of PBA Infrastructure declined nearly 2 percent despite receiving project worth Rs 780 crore from Solapur Tollways Private Limited.

Like this story, share it with millions of investors on M3

PBA Infrastructure bags Rs 780cr order, but stock falls

Shares of PBA Infrastructure declined nearly 2 percent despite receiving project worth Rs 780 crore from Solapur Tollways Private Limited.

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Shares of PBA Infrastructure declined nearly 2 percent despite receiving project worth Rs 780 crore from Solapur Tollways Private Limited.

The project includes construction of four laning (road) of Solapur (km 249) to Maharashtra-Karnataka border (km 348.8) section of NH-9 in the state of Maharashtra. It will be executed as BOT (toll) on DBFOT pattern under NHDP phase-IV.

At 13:08 hours IST, shares went down 1.59 percent to Rs 18.60 amid hefty volumes on Bombay Stock Exchange.

Market capitalisation of the company currently stands at Rs 25.11 crore.


To download current article in Word format, click here.

highlights

  • No case to revise direct tax rates, slabs
  • Super rich tax: 10% surcharge on income above Rs 1 cr
  • Modified provisions under GAAR effective April 1, 2016
  • No change in standard rate of excise duty, service tax
more »

flashes

  • FM speaks to CNBC TV18
  • Budget Reaction: Fitch Says Policy Implementation To Be Key Driver Of India Rating
  • Budget Reaction: Fitch Says Believe Policy Execution Will Be Challenging
  • Budget Reaction: Fitch Says Public Finances Vulnerable To Further Growth Slowdown
more »

InterpretationS

  • GAAR-Presumes tax benefit unless proved contrary
  • MFs covered for deductions u/s 80CCG
  • Excise duty increased on mobile phones of Retail Sale Price (RSP) more than Rs 2000
  • ED on readymade garments exempted: positive textile sector
more »

SECTOR IMPACT

Select Sector to see impact

  • Auto - Cars & Jeeps
  • Auto - LCVs/HCVs
  • Banks - Private Sector
  • Banks - Public Sector
  • Cigarettes
  • Computers - Hardware
  • Computers - Software - Training
  • Construction and Contracting - Real Estate
  • Electricals
  • Engineering - Heavy
  • Finance - General
  • Finance - Investments
  • Infrastructure - General
  • Leather Products
  • Media & Entertainment
  • Mining/Minerals
  • Miscellaneous
  • Personal Care
  • Pesticides/Agro Chemicals
  • Power - Generation/Distribution
  • Refineries
  • Shipping
  • Sugar
  • Textiles - Denim
  • Textiles - General

Textiles - General

18:52 pm

Exice Duty on readymade garments exempted +ve for textile sector

TAX AND YOU

Salaried Person

REACTIONS

reaction on: Markets

Mukesh Kumar

Head - Strategic Planning | HDFC ERGO General Insurance

reaction on: SME

Snehdeep Aggarwal

Founder & Chairman | Bhartiya International

reaction on: Policy

Sanjay Sanghvi

Partner | Khaitan & Co

reaction on: Business

Govind Shrikhande

MD | Shoppers Stop

reaction on: Business

Gaurav Gupta

Sr Director | Deloitte

What got Cheaper / costlier?

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