Loyal Equipments rises on bagging new work order worth Rs 2.36 crore
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Loyal Equipments is currently trading at Rs. 40.70, up by 0.40 points or 0.99% from its previous closing of Rs. 40.30 on the BSE.
The scrip opened at Rs. 40.30 and has touched a high and low of Rs. 41.25 and Rs. 40.30 respectively.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 50.05 on 31-Dec-2021 and a 52 week low of Rs. 25.35 on 28-Feb-2022.
Last one week high and low of the scrip stood at Rs. 47.30 and Rs. 36.95 respectively. The current market cap of the company is Rs. 41.51 crore.
The promoters holding in the company stood at 73.53%, while Non-Institutions held 26.47% stake in the company.
Loyal Equipments has received new work order worth Rs 2.36 crore from LINDE Engineering India. The order is for Supply of Skid & Off Skid. The order is expected to be executed in 09 months.
Early, the company had received new work order worth Rs 15.10 crore from GAIL (India). The order is for engineering, procurement, manufacturing, inspection and supply of heat exchanger fin tube.
Loyal Equipments is the exporter, supplier and manufacturer of pressure vessels, chimney pressure vessels, cylindrical pressure vessels, high pressure vessels, membrane pressure vessels, custom pressure vessels.
