Techno Electric & Engineering Company is currently trading at Rs. 399.90, up by 9.50 points or 2.43% from its previous closing of Rs. 390.40 on the BSE.
The scrip opened at Rs. 390.00 and has touched a high and low of Rs. 410.00 and Rs. 390.00 respectively. So far 8 shares were traded on the counter.
The BSE group 'B ' stock of face value Rs. 2 has touched a 52 week high of Rs. 455.20 on 04-Mar-2015 and a 52 week low of Rs. 179.10 on 14-May-2014.
Last one week high and low of the scrip stood at Rs. 410.00 and Rs. 385.00 respectively. The current market cap of the company is Rs. 2283.08 crore.
The promoters holding in the company stood at 57.98% while Institutions and Non-Institutions held 20.23% and 21.79% respectively.
Techno Electric & Engineering Company’s 96.62% subsidiary -- Simran Wind Project (SWPL) -- has sold 44.45 MW Wind Power Assets situated in the State of Tamil Nadu at an effective valuation of Rs 215 crore. Post this transaction, SWPL continues to hold 117.9 MW of wind power assets.
Techno Electric along with its subsidiary SWPL will have a portfolio of 162.9 MW of wind power asset post above transaction.
Techno Electric & Engineering Company is a leading EPC company in the power sector. It provides engineering, procurement and construction services to all the three segments of power sector namely generation, transmission and distribution.
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