ISGEC Heavy Engineering jumps after securing another order for Slop Fired Boiler
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ISGEC Heavy Engineering is currently trading at Rs. 483.55, up by 7.60 points or 1.60% from its previous closing of Rs. 475.95 on the BSE.
The scrip opened at Rs. 479.00 and has touched a high and low of Rs. 494.20 and Rs. 477.00 respectively. So far 14361 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 494.20 on 01-Mar-2021 and a 52 week low of Rs. 205.05 on 23-Mar-2020.
Last one week high and low of the scrip stood at Rs. 494.20 and Rs. 432.00 respectively. The current market cap of the company is Rs. 3569.12 crore.
The promoters holding in the company stood at 62.41%, while Institutions and Non-Institutions held 9.32% and 28.26% respectively.
ISGEC Heavy Engineering has received yet another order for a Slop Fired Boiler from a prestigious company in the sugar industry for their distillery plant. This will help the distillery plant achieve Zero Liquid Discharge thereby ensuring a cleaner and greener environment. It will also help in moving towards the Ethanol Blending initiative of the Government of India.
Isgec is internationally recognized for setting up a wide variety of industrial and green energy, as well as utility boilers. So far Isgec has set up more than 850 boilers across 48 countries, which include approx. 40 Slop fired boilers.
ISGEC Heavy Engineering is a multi-product, multi-location public company that has been providing engineering solutions to customers around the world for the past many years.
