Taylormade Renewables touches roof on receiving LoI worth Rs 145 crore
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Taylormade Renewables is currently trading at upper circuit limit of Rs. 295.35, up by 14.05 points or 4.99% from its previous closing of Rs. 281.30 on the BSE.
The scrip opened at Rs. 295.35 and has touched a high and low of Rs. 295.35 and Rs. 295.35 respectively. So far 8000 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 295.35 on 20-Apr-2023 and a 52 week low of Rs. 8.75 on 04-Jul-2022.
Last one week high and low of the scrip stood at Rs. 295.35 and Rs. 255.05 respectively. The current market cap of the company is Rs. 276.37 crore.
The promoters holding in the company stood at 63.02%, while Non-Institutions held 36.98% stake in the company.
Taylormade Renewables has received Letter of Intent (LoI) dated April 19, 2023 for work order for TRL RAIN Technology Plants worth Rs 145 crore from HWM Enviro. The work order is for setting up Common Effluent treatment facilities for treatment of Hazardous Concentrated streams from various Industries in GIDC’s of Chhatral, Tarapur and Panoli in Gujarat. After completion of these three facilities in first phase other such facilities will be expanded to all the GIDC’s of Gujarat and other States of India.
Taylormade Renewables is primarily engaged in providing renewable energy solutions.
