According to Nitin Patel, ED, Sadbhav Engineering, the fact that the compensation clause has remained unchanged will have little impact on infrastructure companies.
A lot of time will be saved now after the ordinance on Land Acquisition Act, says Nitin Patel, ED, Sadbhav Engineering . Getting approval from 70 percent land owners was taking too much time and thus delaying infrastructure projects.
Time saving in turn will also help in reigning in costs, he adds.
According to him, the fact that the compensation clause has remained unchanged will have little impact on infrastructure companies.
Stay tuned for more…
Sadbhav Engg stock price
On December 30, 2014, at 14:14 hrs Sadbhav Engineering was quoting at Rs 246.55, up Rs 1.40, or 0.57 percent. The 52-week high of the share was Rs 284.75 and the 52-week low was Rs 73.15.
The company's trailing 12-month (TTM) EPS was at Rs 5.78 per share as per the quarter ended September 2014. The stock's price-to-earnings (P/E) ratio was 42.66. The latest book value of the company is Rs 54.59 per share. At current value, the price-to-book value of the company is 4.52.
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