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Hindustan Dorr Oliver surges on bagging order worth Rs 180 crore

18 Jul 2012 Evaluate

Hindustan Dorr Oliver is currently trading at Rs. 35.60, up by 1.25 points or 3.64% from its previous closing of Rs. 34.35 on the BSE.

The scrip opened at Rs. 34.80 and has touched a high and low of Rs. 37.30 and Rs. 34.15 respectively. So far 96398 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 56.50 on 10-Apr-2012 and a 52 week low of Rs. 22.80 on 22-Dec-2011.

Last one week high and low of the scrip stood at Rs. 38.30 and Rs. 34.10 respectively. The current market cap of the company is Rs. 264.62 crore.

The promoters holding in the company stood at 55.28% while Institutions and Non-Institutions held 15.07% and 29.65% respectively. 

Hindustan Dorr Oliver has bagged order worth Rs 180 crore for field instrumentation package for 2x700 MW Pressurized Heavy Water Reactors (PHWR) for Rajasthan Atomic Power Plant (RAPP)-7&8 from the Nuclear Power Corporation on India (NPCIL).

Field instrumentation package covers design, supply, installation, testing and commissioning of field instruments, analytical instruments, special instruments and equipment for the complete 2x700 MW nuclear power plants at Kota. This is the largest order secured by the company in the Nuclear Field.

Following the said orders, the company has secured total orders of Rs 339 crore in the field of manufacturing and EPC work from various customers. The company has a large manufacturing facility at Ahmedabad and caters to the requirement of oil and gas sector, fertilizers and nuclear sector. The company aims to focus on nuclear projects.

Peers
Company Name CMP
Larsen & Toubro 4138.35
Rail Vikas Nigam 294.00
NCC 158.35
KEC International 574.40
Kalpataru Projects 1210.00
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