The company made the announcement during trading hours today, 8 February 2010. At the day's low of Rs 1210, the stock had declined 0.66%.

Meanwhile, the BSE Sensex was down 55.70 points, or 0.35% to 15,859.95.

On BSE, 145 shares were traded in the counter as against an average daily volume of 5,790 shares in the past one quarter.

The stock hit a high of Rs 1226.70 and a low of Rs 1210 so far during the day. The stock had hit a 52-week high of Rs 1350 on 11 January 2010 and a 52-week low of Rs 221 on 6 March 2009.

The mid-cap stock had outperformed the market over the past one month till 6 February 2010, falling 2.01% as compared to the Sensex's 10.09% fall. It had also outperformed the market in the past one quarter, gaining 28.05% as compared to the Sensex's decline of 1.50%.

The company's equity capital is Rs 12.50 crore. Face value per share is Rs 10.

The current price of Rs 1225.20 discounts the company's Q3 December 2009 annualized EPS of Rs 45.15, by a PE multiple of 27.14.

Sadbhav Engineering's net profit rose 4.6% to Rs 14.11 crore on 11.4% increase in net sales to Rs 314.99 crore in Q3 December 2009 over Q3 December 2008.

Sadbhav Engineering constructs earthen dams, canals, and syphons, remodels and improves canals, rehabilitates, upgrades.