Private infrastructure firm, Pratibha Industries ha said on Monday that it has bagged orders worth Rs 772 crore in the building and water management segments from various companies.

"With these, the balance order book of the company stands at Rs 6,568 crore as on December 30, 2011, while total orders bagged in the current financial year to date are worth Rs 3,350 crore," the company said in a statement.

India's leading infrastructure services provider Pratibha Industries has managed to receive an order worth Rs 100 crore from the Maharashtra government. Now the company will be involved in construction related works for the State Government. The project is related to the construction of bridges of the Maharashtra State Road Development Corporation.

Stock market analysts have maintained 'buy' rating on Pratibha Industries Ltd with an intraday target of Rs 301.

According to them, interested traders can purchase the stock above Rs 298 with a strict stop loss of Rs 290.

If the stock markets remain on the positive path then the stock price will hit a target above Rs 310.

Shares of the company, on Tuesday (Nov 24), closed at Rs 296.50 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 276.85 and a low of Rs 47.40 on BSE.

Current EPS & P/E ratio of the stock stood at 28.10 & 10.94 respectively.

Stock market analysts have maintained 'buy' rating on Pratibha Industries Ltd with an intraday target of Rs 270.

According to them, interested traders can purchase the stock above Rs 265 with a strict stop loss of Rs 256.

If the stock markets remain on the positive path then the stock price will hit a target above Rs 280.

Shares of the company, on Friday (Nov 20), closed at Rs 262.30 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 263.40 and a low of Rs 47.40 on BSE.

Infrastructure development firm Pratibha Industries has secured a contract worth Rs 24.72 crore for "Supply of API Grade Pipes" from GAIL (India) Ltd.

The contract involves 'Manufacture and Supply of 50 km. of Line Pipe of 24 inch diameter as per specification - API 5L, Gr X-70, PSL-2 for its Bawana Nangal Pipeline Project.

The shares of Pratibha Industries closed today at Rs 211 on BSE. The counter has made 52-week-high and low of Rs 220 and Rs 205 respectively.

Pratibha Industries, one of the leading construction and infrastructure development companies in India, has informed that it has secured an order worth Rs 144 crore from Municipal Corporation of Greater Mumbai.

The scope of work involves Supply, Installation and Maintenance of Automatic Consumption Reading Water Meters of various sizes as per specification in various city wards.

The installation is expected to be completed in 12 months and the water meters are to be maintained for a period of 60 months thereafter.

Pratibha Industries, one of the leading construction and infrastructure development companies in India, has secured an order worth Rs 406 crore for 'Replacement of Tansa Main Pipeline (Section I)' from Municipal Corporation of Greater Mumbai.

The scope of project involves 'Replacement of two 1800 mm diameter existing riveted Tansa mains pipe line by one 2750 mm diameter mild steel welded pipe line
(Section I - from Tansa Dam to Jamboli)'. The project is scheduled to be completed in 45 months.

Pratibha Industries has secured an order worth Rs 523.40 crore from National Buildings Construction Corporation for construction of a medical college at Patna.

The scope of the work includes construction of a hospital building, medical college, hostels and a residential complex. The order is expected to be completed in 2 years.