Innovators Facade Systems surges on bagging orders worth Rs 52.25 crore
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Innovators Facade Systems is currently trading at Rs. 166.00, up by 6.10 points or 3.81% from its previous closing of Rs. 159.90 on the BSE.
The scrip opened at Rs. 167.85 and has touched a high and low of Rs. 167.85 and Rs. 163.00 respectively. So far 41600 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 178.00 on 28-Jun-2023 and a 52 week low of Rs. 50.00 on 19-Jul-2022.
Last one week high and low of the scrip stood at Rs. 167.85 and Rs. 151.50 respectively. The current market cap of the company is Rs. 313.21 crore.
The promoters holding in the company stood at 63.71%, while Institutions and Non-Institutions held 0.04% and 36.25% respectively.
Innovators Facade Systems has received two orders worth Rs 52.25 crore excluding taxes from Glider Buildcon Realtors. The company has received first order worth Rs 27.21 crore for Design, Supply, Fabrication and Installation of Facade Work of project ‘Ahan C1 Tower - Piramal Aranya’, Mumbai. The company has bagged another order worth Rs 25.04 crore for Design, Supply, Fabrication and Installation of Facade Work of project ‘Ahan C2 Tower - Piramal Aranya’, Mumbai.
Innovators Facade Systems is engaged in designing, engineering, fabrication and installation of façade systems. It offers various range of products to meet the demands of their customers. Its product basket ranges from glazing/curtain walls, high end doors & windows, skylights, stone cladding, roofing etc.
