TCM zooms on receiving order from Government of Kerala for three sites
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TCM is currently trading at Rs. 41.95, up by 1.90 points or 4.74% from its previous closing of Rs. 40.05 on the BSE.
The scrip opened at Rs. 39.05 and has touched a high and low of Rs. 42.80 and Rs. 39.05 respectively. So far 4881 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 58.10 on 28-Apr-2022 and a 52 week low of Rs. 26.45 on 15-Jun-2022.
Last one week high and low of the scrip stood at Rs. 45.35 and Rs. 35.55 respectively. The current market cap of the company is Rs. 31.18 crore.
The promoters holding in the company stood at 47.25%, while Institutions and Non-Institutions held 10.30% and 42.45% respectively.
TCM has received the work order from Agency for New and Renewable Energy Research and Technology (ANERT), Department of Power, Government of Kerala for the three sites namely Director of Technical Education, Fort; Kerala Public Service Commission, Pattom; and Vikas Bhavan (O/o Maintenance Sub Division, PWD).
The order is for the design, supply, installation and commissioning of grid connected SPV Power Plants in public buildings in Thiruvananthapuram Municipal Corporation under Solar City Project (funded by Smart City Thiruvananthapuram). The total worth of this order is Rs 1.10 crore.
TCM has been the manufacturers and suppliers of India's best copper sulphate and other industrial chemicals.
