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Isgec Heavy Engineering gains as its JV bags order for Reactors of Vanadium modified low alloy steel

07 Jul 2021 Evaluate

ISGEC Heavy Engineering is currently trading at Rs. 854.00, up by 22.00 points or 2.64% from its previous closing of Rs. 832.00 on the BSE.

The scrip opened at Rs. 832.00 and has touched a high and low of Rs. 873.35 and Rs. 804.00 respectively. So far 48977 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 877.00 on 05-Jul-2021 and a 52 week low of Rs. 217.00 on 30-Jul-2020.

Last one week high and low of the scrip stood at Rs. 877.00 and Rs. 709.90 respectively. The current market cap of the company is Rs. 6279.42 crore.

The promoters holding in the company stood at 62.43%, while Institutions and Non-Institutions held 8.90% and 28.67% respectively.

Isgec Hitachi Zosen, India -- a joint venture of Isgec Heavy Engineering, India and Hitachi Zosen Corporation, Japan has received a prestigious order for the supply of 4 nos. Reactors of Vanadium Modified Low Alloy Steel, for a Renewable Energy project in USA. The scope of work includes mechanical design, material procurement, fabrication, testing, and supply of equipment.

This is the first order for Isgec Hitachi Zosen for supplying such Reactors to USA. The renewable energy project, which is under execution, will convert vegetable oils to synthetic transport fuels.

ISGEC Heavy Engineering is a multi-product, multi-location public company that has been providing engineering solutions to customers around the world for the past many years.

ISGEC Heavy Engg. Share Price

1046.60 -6.10 (-0.58%)
21-Apr-2026 16:59 View Price Chart
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