Petron Engineering Construction gains on bagging order worth Rs 25 crore

30 May 2017

Petron Engineering Construction is currently trading at Rs. 149.95, up by 1.00 points or 0.67% from its previous closing of Rs. 148.95 on the BSE.

The scrip opened at Rs. 145.60 and has touched a high and low of Rs. 149.95 and Rs. 145.60 respectively.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 217.15 on 03-May-2017 and a 52 week low of Rs. 122.00 on 21-Nov-2016.

Last one week high and low of the scrip stood at Rs. 149.95 and Rs. 137.05 respectively. The current market cap of the company is Rs. 113.04 crore.

The promoters holding in the company stood at 72.47%, while Institutions and Non-Institutions held 0.09% and 27.44% respectively.

Petron Engineering Construction has received work order for mechanical, electrical and instrumentation works from Reliance Industries, Jamnagar for SEZ area for value of around Rs 25 crore.

Petron Engineering Construction is a construction and engineering company. It has a valuable and rich experience in the fields of refinery (reformers and crackers), power and cement plants, petrochemical and fertilizer plants; insulation and refractory, fabrication works along with electrical and instrumentation works.

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