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Tecpro Systems gain on securing Balance of Plant package worth Rs 197.98 crore

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

18 Oct 2012 Evaluate

Tecpro Systems is currently trading at Rs 159.00, up by 0.70 points or 0.44% from its previous closing of Rs 158.30 on the BSE.

The scrip opened at Rs 158.50 and has touched a high and low of Rs 164.90 and Rs 155.40 respectively. So far 5497 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 228.80 on 31-Oct-2011 and a 52 week low of Rs 123.00 on 07-Aug-2012.

Last one week high and low of the scrip stood at Rs 166.70 and Rs 155.40 respectively. The current market cap of the company is Rs 802.03 crore.

The promoters holding in the company stood at 52.63% while Institutions and Non-Institutions held 22.93% and 24.45% respectively.

Tecpro System, a leading engineering procurement and construction company, has received Balance of Plant package worth Rs 197.98 crore from Rajasthan Rajya Vidyut Utpadan Nigam.

Tecpro System with high operational expertise in 3 core functional areas of the project i.e. design and engineering, manufacturing and execution, will undertake the supply of all equipments and materials for the balance of plant package on EPC turnkey basis of the 160 MW gas based combined cycle power project stage-IV (RCCPP) in Jaisalmer, Rajasthan.

The company’s order book across its multiple service segments and sector in the first half of the year stands at Rs 1409 crore as compared to the order book worth of Rs 837 crore during the same period last year. The total order inflows of the company till date stand at Rs 1610 crore.

Tecpro System provides comprehensive range of services in coal handling and Ash handling, balance of plant packages for power sector and material handling to steel, cement, ports and mining and other industries in infrastructure sector.

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Tecpro Systems gain on securing Balance of Plant package worth Rs 197.98 crore

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