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Sunil Hitech Engineers shines on bagging orders worth Rs 370 crore

Sunil Hitech Engineers Ltd. | Engineering - Construction | Construction & Infrastructure | BSE: 532711 | NSE: SUNILHITEC

25 Sep 2012 Evaluate

Sunil Hitech Engineers is currently trading at Rs. 70.25, up by 0.05 points or 0.07% from its previous closing of Rs. 70.20 on the BSE.

The scrip opened at Rs. 71.40 and has touched a high and low of Rs. 72.50 and Rs. 70.25 respectively. So far 4,314 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 100.00 on 18-Oct-2011 and a 52 week low of Rs. 55.00 on 11-May-2012.

Last one week high and low of the scrip stood at Rs. 72.90 and Rs. 61.10 respectively. The current market cap of the company is Rs. 86.00 crore.

The promoters holding in the company stood at 53.20% while Institutions and Non-Institutions held 0.18% and 46.61% respectively.

Sunil Hitech Engineers, one of the leading EPC contractor and Infrastructure Project executor in India has been awarded with a contract of more than Rs 370 crore by most prestigious corporate houses of India viz. BHEL, GAIL, BGR Energy Systems, Thermax Engineering, Doosan Chennai Works, etc. to name few .

The company has secured its first order worth Rs 83.00 crore from Doosan Chennai Works for Erection, Testing, Commissioning of Boiler of U-III, for NTPC Kudgl Super Thermal Power Plant Project Stages I (800 MW X 3 UNIT).

The company secured its second order worth Rs 128.00 crore from BHEL, PSER, for Civil, Structural & Architectural work for 1X 600 MW Singareni, TPP. Finally, the third order worth Rs 58.00 crore from BGR Energy Systems, for erection, testing, commissioning of boiler, TRN Energy Raigarh.

Sunil Hitech Engineers is engaged in the niche segment of Fabrication, Erection & Testing and Commissioning of Bunkers, ESPs, Boilers, TG sets in the Power Plants, both in Private & Public sector. The company is amongst very few companies which are tightly focused in the ever-growing Power Sector, for the last two decades.

Sunil Hitech Engine. Share Price

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Sunil Hitech Engineers shines on bagging orders worth Rs 370 crore

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