BGR Energy Systems is currently trading at Rs 362.00, up by 6.80 points or 1.91% from its previous closing of Rs 355.20 on the BSE.
The scrip opened at Rs 357.00 and has touched a high and low of Rs 366.20 and Rs 349.15 respectively. So far 490384 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 826.80 on 08-Nov-2010 and a 52 week low of Rs 296.00 on 26-Aug-2011.
Last one week high and low of the scrip stood at Rs 377.70 and Rs 317.00 respectively. The current market cap of the company is Rs 2563.18 crore.
The promoters holding in the company stood at 81.13% while Institutions and Non-Institutions held 6.45% and 12.42% respectively.
BGR Energy Systems is about to close a deal for entering into the solar power industry, with Flagsol, a subsidiary of Solar Millennium of Germany. It is reported that the Indian partner will hold 60% stake in the joint venture that would be created. The joint venture is looking to set up a 50-MW concentrated solar power (CSP) plant in Rajasthan. The plant of that size would call for an investment of about Rs 650 crore.
Solar Millennium is a well-known name in the solar thermal industry, and is the company that put up the first CSP plant in Europe (at Andasol in Spain) while, Flagsol is a joint venture (JV) between Solar Millennium AG (74.9%) and another company called Ferrostaal AG (25.1%). Based in Cologne, Germany, Flagsol provides the technology for parabolic trough power plants.
Recently, the company emerged as the lowest bidder in the tender called by NTPC for supply of nine units of 800 MW steam turbine and generator units for a value of about Rs 3,500 crore. The company now awaits the completion of entire technical and commercial details of bids in this regard.
BGR Energy Systems (BGRESL) is engaged in supplying of systems and equipment and contracting turnkey engineering project. The company started as a joint venture between GEA Energietechnik GmbH, Germany and the promoter B G Raghupathy in order to produce and sell on-line condenser tube cleaning systems, debris filters and rubber cleaning balls used in thermal and nuclear power plants.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 4094.95 |
| Rail Vikas Nigam | 303.10 |
| NCC | 161.30 |
| KEC International | 580.10 |
| Kalpataru Projects | 1232.90 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: