http://www.indiainfoline.com/Markets/News/ABG-Infralogistics-speeds-up-after-order-win/3244020010

ABG Infralogistics speeds up after order win     
Capital Market / 10:26 , Aug 13, 2010
ABG Infralogistics rose 3.65% to Rs 204.45 at 10:31 IST after the company's unit received a Letter of Award from Tuticorin Port Trust for developing North Cargo Berth-II for handling bulk cargoes at Tuticorin port.
Meanwhile, the BSE Sensex was up 74 points, or 0.41%, to 18,147.90.

On BSE, 11,000 shares were traded in the counter as against an average daily volume of 5830 shares in the past one quarter.

The stock hit a high of Rs 206 and a low of Rs 199.50 so far during the day. The stock had hit a 52-week high of Rs 245.90 on 26 April 2010 and a 52-week low of Rs 152.25 on 25 February 2010.

The stock had outperformed the market over the past one month till 12 August 2010, gaining 5.20% compared with the Sensex's 0.76% rise. It underperformed the market in past one quarter, falling 4.78% as against 5.11% rise in the Sensex.

The small-cap port infrastructure developer has an equity capital of Rs 12.82 crore. Face value per share is Rs 10.

ABG Infralogistics said the latest contract is on a design, build, finance, operate and transfer basis. The announcement of the order win was made after trading hours on Thursday, 12 August 2010.

On a consolidated basis, the company reported a net loss of Rs 6.13 crore for Q4 March 2010, lower than a net loss of Rs 11.53 crore in Q4 March 2009. Net sales rose 38.10% to Rs 58.06 crore in Q4 March 2010 over Q4 March 2009.

This company has a better profitability profile than Sical but is totally neglected