Roman Tarmat Builds On New Order Win Trading - Nov 07, 2008

The company made this announcement during trading hours today, 7 November 2008.eanwhile, the BSE Sensex was up 229.70 points, or 2.36%, to 9,963.92.On BSE, 9,819 shares were traded in the counter. The stock had an average daily volume of 20,065 shares in the past one quarter.The stock hit a high of Rs 25.65 and a low of Rs 23.05 so far during the day.

The stock has a 52-week high of Rs 229.90 on 12 December 2007 and a 52-week low of Rs 22.05 on 28 October 2008.The small-cap stock had underperformed the market over the past one month till 6 November 2008, declining 23.82% as compared to the Sensex�s decline of 17.52%. It had also underperformed the market in the past one quarter, declining 52.24% as compared to the Sensex�s decline of 35.42%.

The company�s current equity is Rs 10.96 crore. Face value per share is Rs 10.The current price of Rs 25.50 discounts the company�s Q2 September 2008 annualized EPS of Rs 3.28, by a PE multiple of 7.77.

Roman Tarmat has bagged orders worth Rs 44.20 crore from Cochin International Airport for up gradation of runways at Cochin International Airport, Nedumbassery in Cochin.

Roman Tarmat reported a net profit of Rs 0.90 crore in Q2 September 2008 as compared to net loss of Rs 0.55 crore in Q2 September 2007. Net sales rose 4.3% to Rs 18.72 crore in Q2 September 2008 over Q2 September 2007.

The company provides engineering, procurement and construction services for infrastructure projects. The services include construction of airside works, highways, roads and other civil work.