A2Z Share Price Gained On New Contract

A2Z share price gained 5.65 per cent at Rs 35.50 at 14:52 IST on BSE after the company said it has received a contract worth Rs 41.33 crores. The announcement was made during market hours today, 22^nd November 2016. Meanwhile, the S&P BSE Sensex was up 175.01 points or 0.68 per cent at 25,940.15

On BSE, so far 1.75 lakh shares were traded in the counter as against average daily volume of 2.48 lakh shares in the past one quarter. The stock hit a high of Rs 35.85 and a low of Rs 33.10 so far during the day. The share price had hit a 52 week high of Rs 51.65 on 1^st November 2016. A2Z share price had hit a 52 week low of Rs 16.50 on 12^th February 2016.

The small-cap company has equity capital of Rs 129.62 crores. Face value per share is Rs 10.

A2Z Infra Engineering said that a contract has been awarded to the company by Chhattisgarh State Power Transmission Company for construction of 132 kilovolt S/S Bijapur and associated EHV Line on turnkey basis. The aggregate value of the contract is Rs 41.33 crores.

A2Z Infra Engineering reported a net loss of Rs 18.75 crores in Q1 June 2016, lower than net loss of Rs 34.21 crores in Q1 June 2015. Net sales surged 148.5 per cent to Rs 202.70 crores in Q1 June 2016 over Q1 June 2015.

A2Z Infra Engineering (formerly known as A2Z Maintenance & Engineering Services) is a fast growing, fully integrated electrical business group (EBG) in India catering to the needs of domestic and international power sector clients in building distribution and transmission infrastructure.

A2Z is one of the top 500 stocks filtered out of all the 1700 plus NSE stocks by Dynamic Levels. Get the important support and resistance levels of the share at A2Z share price forecast.