BGR Energy gains on securing new contracts worth Rs 250 crore

21 Oct 2014 Evaluate

BGR Energy Systems is currently trading at Rs. 157.00, up by 6.35 points or 4.22% from its previous closing of Rs. 150.65 on the BSE.

The scrip opened at Rs. 154.80 and has touched a high and low of Rs. 159.50 and Rs. 154.80 respectively. So far 26,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 242.80 on 23-May-2014 and a 52 week low of Rs. 99.80 on 04-Feb-2014.

Last one week high and low of the scrip stood at Rs. 159.50 and Rs. 145.50 respectively. The current market cap of the company is Rs. 1,134.00 crore.

The promoters holding in the company stood at 75.00% while Institutions and Non-Institutions held 5.57% and 19.43% respectively.

BGR Energy Systems, a leading EPC and BoP company has received orders worth Rs 250 crore in the electrical sub-stations segment of its Electrical Projects Division. BGR Energy’s Electrical Projects Division (EPD) has secured three Substation orders from Tamil Nadu Transmission Corporation (TANTRANSCO) for establishment of 230KV AIS Substation at Puraisai, Villupuram, 110KV GIS Substation at Thirumangalam South, 400/230-110 KV AIS substation with all associated equipment, systems and civil works at Palavadi in Dharmapuri district. All orders are on Total Turnkey basis.

Besides the new orders, Electrical projects division is currently executing Main Plant Electrical Systems package (including nuclear island electricals) for 4x 700 MW (PHWR) for Nuclear Power Corporation of India and 220 KV and 400 KV Air Insulated substation works.

BGR Energy Systems is engaged in supplying of systems and equipment and contracting turnkey engineering project. The company started as a joint venture between GEA Energietechnik GmbH, Germany and the promoter B G Raghupathy in order to produce and sell on-line condenser tube cleaning systems, debris filters and rubber cleaning balls used in thermal and nuclear power plants.

BGR Energy Systems Share Price

40.97 1.95 (5.00%)
14-May-2024 16:01 View Price Chart
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