A2Z Infra Engineering advances on receiving nod for OTS proposal

18 Sep 2017

A2Z Infra Engineering is currently trading at Rs. 37.90, up by 1.30 points or 3.55% from its previous closing of Rs. 36.60 on the BSE.

The scrip opened at Rs. 37.25 and has touched a high and low of Rs. 38.50 and Rs. 37.25 respectively. So far 97,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 52.70 on 26-Apr-2017 and a 52 week low of Rs. 33.10 on 22-Nov-2016.

Last one week high and low of the scrip stood at Rs. 38.50 and Rs. 35.10 respectively. The current market cap of the company is Rs. 549.83 crore.

The promoters holding in the company stood at 40.80%, while Institutions and Non-Institutions held 11.26% and 47.95% respectively.

SICOM has accepted One Time Settlement (OTS) proposal for settlement of debt of A2Z Infra Engineering, which is subject to the final approval of Board within 15 days from the date of acceptance letter.

A2Z Infra Engineering (previously known as A2Z Maintenance & Engineering Services) is primarily engaged in providing Engineering, Procurement and Construction (EPC) services in power transmission and distribution sector with focus on distribution.

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A2Z Infra Share Price

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323