Technofab Engineering strengthens on securing order worth Rs 95 crore

11 Sep 2012

Technofab Engineering is currently trading at Rs. 122.70, up by 5.70 points or 4.87% from its previous closing of Rs. 117.00 on the BSE.

The scrip opened at Rs. 126.00 and has touched a high and low of Rs. 126.00 and Rs. 119.50 respectively. So far 2180 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 178.30 on 02-Apr-2012 and a 52 week low of Rs. 110.00 on 24-Nov-2011.

Last one week high and low of the scrip stood at Rs. 126.00 and Rs. 112.95 respectively. The current market cap of the company is Rs. 122.73 crore.

The promoters holding in the company stood at 43.66% while Institutions and Non-Institutions held 16.01% and 40.33% respectively. 

Technofab Engineering has secured new order worth Rs 95 crore for Bukoba Water Supply and Sanitation Project in Tanzania.

Recently, the company secured two new orders aggregating Rs 155.31 crore where both the orders are involved in setting up of rural electrification of village in West Bengal.

Technofab Engineering is engaged in the business of providing Engineering Procurement and Construction (EPC) services and executing a wide range of Balance-of-Plant (BoP) and electro-mechanical projects on a complete turnkey basis.

Related Technofab Engineering Ltd. Links:

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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