Techno Electric surges on bagging orders worth Rs 1750 crore
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Techno Electric & Engineering Company is currently trading at Rs. 805.55, up by 22.55 points or 2.88% from its previous closing of Rs. 783.00 on the BSE.
The scrip opened at Rs. 815.20 and has touched a high and low of Rs. 844.15 and Rs. 785.40 respectively. So far 33881 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 844.15 on 29-Dec-2023 and a 52 week low of Rs. 305.85 on 15-Feb-2023.
Last one week high and low of the scrip stood at Rs. 844.15 and Rs. 738.30 respectively. The current market cap of the company is Rs. 8713.91 crore.
The promoters holding in the company stood at 61.51%, while Institutions and Non-Institutions held 26.86% and 11.63% respectively.
Techno Electric & Engineering Company has been awarded with orders worth Rs 1750 crore. The company has received Transmission Orders worth Rs 709 crore, while Rs 1041 crore order received for Advance Metering Infrastructure (AMI) from RECPDCL for 7.27 Lakh Smart Meters in Kashmir on DBFOOT Basis.
Techno Electric & Engineering Company (TEECL) is one of India’s most important power-infrastructure company. TEECL was established with a mission to provide comprehensive Engineering, Procurement and Construction (EPC) services to core sector industries in India.
