Anup Engineering jumps on bagging two orders worth Rs 100 crore
The Anup Engineering is currently trading at Rs. 1851.95, up by 48.60 points or 2.69% from its previous closing of Rs. 1803.35 on the BSE.
The scrip opened at Rs. 1860.65 and has touched a high and low of Rs. 1875.00 and Rs. 1820.00 respectively. So far 1253 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 2186.95 on 06-May-2024 and a 52 week low of Rs. 928.00 on 09-Oct-2023.
Last one week high and low of the scrip stood at Rs. 1875.00 and Rs. 1678.70 respectively. The current market cap of the company is Rs. 3690.74 crore.
The promoters holding in the company stood at 41.24%, while Institutions and Non-Institutions held 12.24% and 46.54% respectively.
The Anup Engineering (ANUP) has bagged two critical orders valued over Rs 100 crore. About 90% of this is from one of renowned EPC contractor in Europe for a critical project in UAE. The scope consists of manufacturing and supplying pressure vessels of complex metallurgies.
Winning repeat orders from renowned EPC companies, for such critical projects, for such complex equipment’s, and on aggressive timelines, signifies the company’s capability to serve the most complex requirements of its customers.
The Anup Engineering is India’s leading Heat Exchanger Manufacturer. The Company caters to wide range of process industries including Oil & Gas, Petrochemicals, LNG, Fertilizers, Chemicals/Pharmaceuticals, Power, Water, Paper & Pulp and Aerospace with its extensive product range of Heat Exchangers, Reactors, Pressure Vessels, Columns & Towers, Industrial Centrifuges & Formed Components.
