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Mahindra EPC Irrigation shines on bagging four contracts worth Rs 13.34 crore
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Mahindra EPC Irrigation is currently trading at Rs. 136.60, up by 5.55 points or 4.24% from its previous closing of Rs. 131.05 on the BSE.
The scrip opened at Rs. 137.00 and has touched a high and low of Rs. 139.45 and Rs. 136.00 respectively. So far 44953 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 139.45 on 3-Jan-2024 and a 52 week low of Rs. 83.86 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 139.45 and Rs. 118.65 respectively. The current market cap of the company is Rs. 384.36 crore.
The promoters holding in the company stood at 54.26%, while Institutions and Non-Institutions held 0.19% and 45.55% respectively.
Mahindra EPC Irrigation has been awarded four contracts worth around Rs 13.34 crore from Office of the Asst. Engineer, Water Users Association for supply of Micro Irrigation Systems. The said orders is to be executed within 4 months.
Earlier, the company had been awarded one contract worth approximate Rs 2.45 crore from Office of the Chief Engineer, Micro Irrigation Programme for supply of Micro Irrigation Systems.
Mahindra EPC Irrigation is a Mahindra Group company and they are the Manufacturers and suppliers of all components of drip, sprinkler irrigation systems.
