MoneyWorks4Me

Sunil Hitech Engineers to raise funds up to Rs 250 crore

15 May 2017 Evaluate

Sunil Hitech Engineers has received an approval to raise funds up to Rs 250 crore through Right Issue, Private Placement, Qualified Institutional Placement, American Depository Receipts (ADRs), Global Depository Receipts (GDR), FCCBs etc. The board of directors at its meeting held on May 12, 2017 had approved for the same.

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.

Peers
Company Name CMP
Larsen & Toubro 3654.10
Kalpataru Projects 1344.15
NCC 127.60
Rail Vikas Nigam 194.50
KEC International 343.35
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