The company made this announcement during trading hours today, 5 March 2010.

Meanwhile, the BSE Sensex was up 16.68 points, or 0.10% to 16,988.38.

On BSE, 1,891 shares were traded in the counter as against an average daily volume of 14,954 shares in the past one quarter.

The stock hit a high of Rs 48.40 and a low of Rs 47.45 so far during the day.

The company's equity capital is Rs 10.96. Face value per share is Rs 10.

The current price of Rs 48.40 discounts the company's Q3 December 2009 annualized EPS of Rs 0.29, by a PE multiple of 166.90.

Dilip Varghese, a promoter and also an executive director of the company, has hiked his stake to 9.61% from 9.54% after acquiring 7,000 shares representing 0.07% of the equity capital of the company through open market purchases on 23 February 2010. Increase of stake in a company by promoters helps bolster investor confidence.

The total promoter shareholding in the company is 62.35% (as on 31 December 2010).

Roman Tarmat's net profit tumbled 96.1% to Rs 0.08 crore on 24.5% fall in net sales to Rs 24.83 crore in Q3 December 2009 over Q3 December 2008.

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