Innovators Facade Systems touches roof on receiving work orders of Rs 127.57 crore
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Innovators Facade Systems is currently trading at its upper circuit limit of Rs. 145.20, up by 13.20 points or 10.00% from its previous closing of Rs. 132.00 on the BSE.
The scrip opened at Rs. 133.00 and has touched a high and low of Rs. 145.20 and Rs. 133.00 respectively. So far 126400 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 145.99 on 12-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. 145.20 and Rs. 132.00 respectively. The current market cap of the company is Rs. 273.96 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 work orders of Rs 127.57 crore for Design, Supply, Fabrication and Installation of Façade Work. The company has received first order worth Rs 29.73 crore from Prestige Estate Projects for project ‘The Prestige – Tower D, Prestige Group’. The company has received another order worth Rs 97.84 crore from Larsen & Turbo for project’ IKEA GMP Project, IKEA Group’.
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.
