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Bhageria Industries jumps on winning turnkey international Solar EPC projects
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Bhageria Industries is currently trading at Rs. 163.00, up by 10.20 points or 6.68% from its previous closing of Rs. 152.80 on the BSE.
The scrip opened at Rs. 160.05 and has touched a high and low of Rs. 168.60 and Rs. 156.00 respectively. So far 5787 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 189.00 on 09-Nov-2022 and a 52 week low of Rs. 111.60 on 29-Mar-2023.
Last one week high and low of the scrip stood at Rs. 168.60 and Rs. 150.40 respectively. The current market cap of the company is Rs. 666.88 crore.
The promoters holding in the company stood at 71.75%, while Non-Institutions held 28.25% stake in the company.
Bhageria Industries has won one turnkey international Solar Engineering, Procurement, and Construction (Solar EPC) projects with comprehensive Operation & Maintenance and Water Proofing in APM Terminal, Kingdom of Bahrain. Aggregating to a capacity of 11.40 MWp, this project has a total order value of Rs 104.49 crore (including comprehensive O&M and Water Proofing), without taking taxes into account. With this order wins, the company will gain access to a large market that is full of dynamism, vibrancy and an untapped potential for renewable energy solutions that deliver positive impacts on both Indian and Bahrain Market.
This turnkey contract with APM Terminal, Kingdom of Bahrain entail design, engineering, supply, construction, erection, testing, and commissioning with comprehensive Operation & Maintenance and Water Proofing for 10 years for this project. The APM Terminal, Kingdom of Bahrain Rooftop Project is slated for commissioning in next 8 Months. The project is poised to contribute to the Bahrain's Clean Energy Strategy and affirm Bhageria Industries’ position as a trusted partner for delivering sustainable solutions.
Bhageria Industries is one of the India's leading Specialty Chemicals Manufacturer and Exporter company. Its product range covers H-Acid, Sulphuric Acid, Vinyl Sulphone, Gamma-Acid and other Dye & Dyes Intermediates.
