A2Z Infra Engineering rises on bagging order worth Rs 225.26 crore

23 Oct 2018

A2Z Infra Engineering is currently trading at Rs. 10.88, up by 0.05 points or 0.46% from its previous closing of Rs. 10.83 on the BSE.

The scrip opened at Rs. 10.95 and has touched a high and low of Rs. 10.95 and Rs. 10.88 respectively. So far 500 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 48.60 on 04-Jan-2018 and a 52 week low of Rs. 8.19 on 04-Oct-2018.

Last one week high and low of the scrip stood at Rs. 12.95 and Rs. 10.60 respectively. The current market cap of the company is Rs. 190.74 crore.

The promoters holding in the company stood at 29.56%, while Institutions and Non-Institutions held 13.62% and 56.82% respectively.

A2Z Infra Engineering has received an order from ITI for aggregate amount of Rs 225.26 crore inclusive of taxes, which ITI has received from BSNL via APO No- taxes CT/APO/41/2018-19 dated October 16, 2018 on same terms and conditions as mentioned in the BSNL APO for survey, procurement, supply, trenching, laying, installation, testing and maintenance of optical fiber cable, accessories, and GPON equipment for Bharat Net Phase-II Network under Package- WB-2 2,including O&M for a period of seven years vide Letter of Acceptance No. CORP/OP/RBL dated October 20, 2018.

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.

Related A2Z Infra Engineering Ltd. Links:

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323