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Tecpro Systems shots up on bagging order worth Rs 146.60 crore

04 Jan 2013 Evaluate

Tecpro Systems is currently trading at Rs. 153.20, up by 4.45 points or 2.99% from its previous closing of Rs. 148.75 on the BSE.

The scrip opened at Rs. 149.30 and has touched a high and low of Rs. 155.00 and Rs. 147.95 respectively. So far 42,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 210.50 on 13-Feb-2012 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. 154.00 and Rs. 146.10 respectively. The current market cap of the company is Rs. 773 crore.

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

Tecpro Systems has secured an order worth Rs 146.60 crore from Damodar Valley Corporation for supply of coal handling plant package for BTPS ‘A’ (Bokaro thermal power station) (1x500MW) alongwith related services.

Recently, the company had bagged an international order worth $17.40 million from South Korean based SK Engineering & Construction. The order is for design, engineering, fabrication, manufacturing, inspection, packing and supervision of erection & commissioning of the Coal Handling and Fly Ash Handling System for Paco Power Plant (2x160MW) in Panama.

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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