DMR Engineering zooms on bagging LoA worth Rs 1.66 crore from Power Finance Corporation
DMR Engineering is currently trading at Rs. 27.50, up by 2.49 points or 9.96% from its previous closing of Rs. 25.01 on the BSE.
The scrip opened at Rs. 27.39 and has touched a high and low of Rs. 27.50 and Rs. 25.69 respectively. So far 21450 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 69.65 on 29-Aug-2025 and a 52 week low of Rs. 25.00 on 12-Aug-2026.
Last one week high and low of the scrip stood at Rs. 29.29 and Rs. 25.00 respectively. The current market cap of the company is Rs. 28.48 crore.
The promoters holding in the company stood at 69.32%, while Non-Institutions held 30.68% stake in the company.
DMR Engineering as the technical and lead member of the consortium with SNRS & Associates (Financial Member), Salasar Services (Insurance Brokers) has received a Letter of Award (LoA) from Power Finance Corporation. The LoA is for appointment of Project Management Agency (PMA) for 1500MW Tarali Pumped Storage Project in Maharashtra. The contract period of the work is 8 years for an aggregate amount of Rs 1.66 crore, inclusive of GST.
