BGR Energy Systems jumps on securing orders from Indian Oil Corporation
BGR Energy Systems is currently trading at Rs. 78.25, up by 11.30 points or 16.88% from its previous closing of Rs. 66.95 on the BSE.
The scrip opened at Rs. 78.35 and has touched a high and low of Rs. 78.75 and Rs. 74.15 respectively. So far 68118 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 124.50 on 10-Jan-2022 and a 52 week low of Rs. 56.10 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 78.75 and Rs. 66.50 respectively. The current market cap of the company is Rs. 483.12 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 0.51% and 24.49% respectively.
BGR Energy Systems has secured orders from Indian Oil Corporation for construction of civil and structural works in Panipat Refinery Project Complex. The contract value is Rs 330 crore excluding GST and the contract completion period is 18 months.
BGR Energy Systems is engaged in supplying of systems and equipment and contracting turnkey engineering project.
