Subhash Projects & Marketing bags new order

Subhash Projects & Marketing had risen 5% on Monday (9 April) to Rs 183.85, ahead of the announcement that it bagged orders worth Rs 309 crore for various power projects in Karnataka. Earlier, the stock of Subhash Projects had witnessed a sustained fall in the past three months. From Rs 265.10 on 17 January 2007, Subhash Projects had tumbled to a low of Rs 177.25, on 7 March 2007. Later, It turned range-bound.