Company bags Rs 4,636 cr order from BMC, order book stands at Rs 12,500 cr, of which Rs 6,500 cr is in the water sector and the balance Rs 6,000 cr is from the road sector.
The scrip had a year low of Rs.72 on May 11 has now jumped > 35% in last 3 weeks.
Company is a consistent performer and investors should do well to buy on declines and hold. Buy on dips.