BGR Energy Systems shines as its Product Business Division secures order worth Rs 112.74 crore
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BGR Energy Systems is currently trading at Rs. 81.90, up by 4.56 points or 5.90% from its previous closing of Rs. 77.34 on the BSE.
The scrip opened at Rs. 81.30 and has touched a high and low of Rs. 83.75 and Rs. 81.30 respectively. So far 319001 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 84.00 on 14-Dec-2022 and a 52 week low of Rs. 44.25 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 83.75 and Rs. 68.50 respectively. The current market cap of the company is Rs. 591.00 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 0.29% and 24.72% respectively.
BGR Energy Systems’ Product Business Division has secured single largest order from Mangalore Refinery and Petrochemicals for supply of Air Cooled Heat Exchanges (ACHE). The contract value is Rs 112.74 crore (including taxes and duties) with October 9, 2024 as the delivery date.
BGR Energy Systems is engaged in supplying of systems and equipment and contracting turnkey engineering project.
