Loyal Equipments touches roof on bagging work order worth Rs 11.36 crore
Loyal Equipments is currently trading at its upper circuit limit of Rs. 121.10, up by 5.75 points or 4.98% from its previous closing of Rs. 115.35 on the BSE.
The scrip opened at Rs. 120.00 and has touched a high and low of Rs. 121.10 and Rs. 109.60 respectively. So far 24550 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 121.10 on 07-Jun-2023 and a 52 week low of Rs. 25.65 on 07-Jun-2022.
Last one week high and low of the scrip stood at Rs. 121.10 and Rs. 106.00 respectively. The current market cap of the company is Rs. 123.52 crore.
The promoters holding in the company stood at 73.53%, while Non-Institutions held 26.47% stake in the company.
Loyal Equipments has received new work order worth Rs 11.36 crore from Numaligarh Refinery. The order is for supply of shell and tube heat exchangers. The order is expected to be executed in 10 months.
Earlier, the company had received new work order worth Rs 2.36 crore from LINDE Engineering India. The order is for Supply of Skid & Off Skid.
Loyal Equipments is the exporter, supplier and manufacturer of pressure vessels, chimney pressure vessels, cylindrical pressure vessels, high pressure vessels, membrane pressure vessels, custom pressure vessels.
