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Sunil Hitech Engineers advances on commissioning first solar power project at Solapur

Sunil Hitech Engineers Ltd. | Engineering - Construction | Construction & Infrastructure | BSE: 532711 | NSE: SUNILHITEC

26 Jun 2015 Evaluate

Sunil Hitech Engineers is currently trading at Rs. 214.40, up by 3.80 points or 1.80% from its previous closing of Rs. 210.60 on the BSE.

The scrip opened at Rs. 209.10 and has touched a high and low of Rs. 216.00 and Rs. 208.70 respectively. So far 16448 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 223.00 on 22-Jun-2015 and a 52 week low of Rs. 102.05 on 13-Aug-2014.

Last one week high and low of the scrip stood at Rs. 223.00 and Rs. 206.60 respectively. The current market cap of the company is Rs. 324.14 crore.

The promoters holding in the company stood at 62.45% while Institutions and Non-Institutions held 0.39% and 37.16% respectively.

Sunil Hitech Engineers (SHEL) has commissioned its first solar power project at Solapur in state of Maharashtra. The commissioning marks the foray into non conventional green energy projects. The company is committed to the green initiatives in the Power Sector.

This project leverages decades of civil and mechanical engineering experience to demonstrate our EPC capabilities. This experience will be extremely helpful to tap the huge EPC opportunity in the Solar space opening up recently in India. The Government vision is 100 GW of Solar power projects by 2022.

Sunil Hitech Engineers is well-established player in EPC and Construction of Road & Bridges, Building works of institutions, hospitals and housing projects, cross country pipeline, civil & mechanical works of power and steel plants etc.

Sunil Hitech Engine. Share Price

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Sunil Hitech Engineers advances on commissioning first solar power project at Solapur

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