Techno Electric & Engineering Company zooms on bagging order worth Rs 700 crore
Techno Electric & Engineering Company is currently trading at Rs. 311.65, up by 11.85 points or 3.95% from its previous closing of Rs. 299.80 on the BSE.
The scrip opened at Rs. 299.80 and has touched a high and low of Rs. 321.80 and Rs. 297.55 respectively. So far 46292 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 321.80 on 28-Nov-2022 and a 52 week low of Rs. 221.00 on 24-Feb-2022.
Last one week high and low of the scrip stood at Rs. 321.80 and Rs. 288.45 respectively. The current market cap of the company is Rs. 3322.26 crore.
The promoters holding in the company stood at 60.20%, while Institutions and Non-Institutions held 28.43% and 11.36% respectively.
Techno Electric & Engineering Company (TEECL) has bagged order worth Rs 700 crore. Out of the total, the company has received order of Rs 126 crore from GOA Tamanar Transmission Project, it has bagged order of Rs 338 crore from REC Power Development and Consultancy and it has secured Rs 230 crore order from Tripura State Electricity Corporation.
Techno Electric & Engineering Company (TEECL) is one of India’s most important power-infrastructure company. TEECL was established with a mission to provide comprehensive Engineering, Procurement and Construction (EPC) services to core sector industries in India.