Taylormade Renewables touches roof on receiving work order worth Rs 113.59 crore
Taylormade Renewables is locked at its upper circuit limit of Rs. 591.60, up by 28.15 points or 5.00% from its previous closing of Rs. 563.45 on the BSE.
The scrip opened at Rs. 591.60 and has touched a high and low of Rs. 591.60 and Rs. 591.60 respectively. So far 800 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 591.60 on 10-Aug-2023 and a 52 week low of Rs. 12.26 on 12-Aug-2022.
Last one week high and low of the scrip stood at Rs. 591.60 and Rs. 461.00 respectively. The current market cap of the company is Rs. 650.02 crore.
The promoters holding in the company stood at 63.02%, while Non-Institutions held 36.98% in the company.
Taylormade Renewables has received new work order from CVKCPL-KI JV, Plot No.: 24, Nagarjuna Enclave, Madeena Guda, Hyderabad, Telangana -for Public Health & Municipal Engineering Department, Government Of Andhra Pradesh for Remodeling of existing water supply distribution pipeline and construction of ELSRs (4 Nos) with full SCADA including restoration of roads in Proddatur Municipality on back to back basis worth Rs 113.59 crore. Post the receipt of this order, the cumulative order book of the company stands at about Rs 252.28 crore.
Taylormade Renewables is primarily engaged in providing renewable energy solutions.