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Isgec shines on securing order for two Waste to Energy Boilers for export to United Kingdom

13 Jul 2021 Evaluate

ISGEC Heavy Engineering is currently trading at Rs. 815.15, up by 26.95 points or 3.42% from its previous closing of Rs. 788.20 on the BSE.

The scrip opened at Rs. 800.95 and has touched a high and low of Rs. 827.75 and Rs. 783.05 respectively. So far 45000 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. 873.35 and Rs. 783.20 respectively. The current market cap of the company is Rs. 6010.67 crore.

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

ISGEC Heavy Engineering’s Boiler Manufacturing & Piping division has recently secured a prestigious order for 2 Nos. Waste to Energy boilers (Pressure & Non-Pressure Parts) from Hitachi Zosen Inova, Switzerland for the Slough Multifuel Project in Slough, Berkshire, UK. Each of these boilers will have a capacity of 660 TPD.

This is the second order that Isgec has received from Hitachi Zosen Inova. The boilers will be manufactured to EN standards. The broad scope of the order includes detailed engineering, manufacturing, and supply through the Mundra port on FAS basis. Waste to Energy is a sustainable technology with huge potential and Isgec is actively playing a constructive role in not just promoting it but actually executing it on the ground.

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

920.90 -4.55 (-0.49%)
16-Jun-2026 16:59 View Price Chart
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