WPIL touches roof on bagging projects worth Rs 1225 crore from Madhya Pradesh Jal Nigam Maryadit
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WPIL is currently trading at its upper limit of Rs. 2038.85, up by 185.35 points or 10.00% from its previous closing of Rs. 1853.50 on the BSE.
The scrip opened at Rs. 1865.05 and has touched a high and low of Rs. 2038.85 and Rs. 1865.00 respectively. So far 101974 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 2038.85 on 03-Mar-2023 and a 52 week low of Rs. 830.00 on 31-Mar-2022.
Last one week high and low of the scrip stood at Rs. 2038.85 and Rs. 1841.00 respectively. The current market cap of the company is Rs. 1833.77 crore.
The promoters holding in the company stood at 70.80%, while Institutions and Non-Institutions held 10.59% and 18.62% respectively.
WPIL has received 4 Letter of Acceptance ( LOA) from Madhya Pradesh Jal Nigam Maryadit for execution of Turnkey Projects including engineering, procurement, construction, testing, commissioning and 10 years Operation & Maintenance of Bebus Sunar 2, Kutne Rajnagar, Lower Narmada and Mann Dam multi village schemes for a total value of Rs 1225 crore. The projects are to be completed in 24 month period.
WPIL is mainly engaged into manufacturing of vertical pumps, horizontal pumps, grey iron, castings and sluice valves.
