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The stock of Sunil Hitech Engineers may come under pressure, as the Enforcement Directorate has attached deposits worth ₹25.44 crore of the company in the coal block allotment case under the Prevention of Money Laundering Act.
Investors will closely monitor the development. For the quarter ended December 2017, it had reported a profit of ₹14.19 crore on revenues of ₹600.93 crore. For FY17, its PAT stood at ₹40.07 crore and revenues ₹2,091.19 crore.
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