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Tecpro Systems moves up on receiving orders worth Rs 79.3 crore

Tecpro Systems Ltd. | Engineering - Industrial Equipments | Capital Goods & Industrial Consumables | BSE: 533266 | NSE: TECPRO

11 Aug 2011 Evaluate

Tecpro Systems is currently trading at Rs 278.75, up by 0.75 points or 0.27% from its previous closing of Rs 278.00 on the BSE.

The scrip opened at Rs 284.00 and has touched a high and low of Rs 284.00 and Rs 276.15 respectively. So far 13508 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 454.25 on 12-Oct-2010 and a 52 week low of Rs 214.50 on 24-Jun-2011.

Last one week high and low of the scrip stood at Rs 284.00 and Rs 255.05 respectively. The current market cap of the company is Rs 1403.17 crore.

The promoters holding in the company stood at 52.60% while Institutions and Non-Institutions held 21.73% and 25.67% respectively.

Tecpro System has bagged letter of intent for order worth Rs 79.30 crore from Ultratech Cement, an Aditya Birla Group Company. The company with highly operational expertise in 3 core functional areas of any project i.e. design and engineering, manufacturing and execution.

Earlier in July, the company had received a letter of intent (LoI) for an order worth Rs 127 crore from Tata power for complete stock house for 3.0 MTPA integrated steel plant at Nagarnar, Chhattisgarh project. The completion date of the project will be twenty four months from the date of issue.

Tecpro System is a leading engineering procurement and Construction company providing comprehensive range of services in coal handling and Ash handling, balance of payments packages for power sector and material handling to steel, cement, ports, mining and other industries in Infrastructure sector.

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Tecpro Systems moves up on receiving orders worth Rs 79.3 crore

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