ISGEC Heavy Engineering shines on inking agreement with United Conveyor Corporation for DSI Technology
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ISGEC Heavy Engineering is currently trading at Rs. 528.30, up by 8.40 points or 1.62% from its previous closing of Rs. 519.90 on the BSE.
The scrip opened at Rs. 505.50 and has touched a high and low of Rs. 550.00 and Rs. 499.50 respectively. So far 91671 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 550.00 on 19-Apr-2021 and a 52 week low of Rs. 206.10 on 26-May-2020.
Last one week high and low of the scrip stood at Rs. 550.00 and Rs. 461.30 respectively. The current market cap of the company is Rs. 3886.03 crore.
The promoters holding in the company stood at 62.43%, while Institutions and Non-Institutions held 8.90% and 28.67% respectively.
ISGEC Heavy Engineering has signed a project specific collaboration agreement with United Conveyor Corporation, USA, for Dry Sorbent Injection (DSI) Technology. The DSI Technology can be used to reduce sulphur dioxide emissions from Thermal Power Plants.
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.
