Elecon Engineering Company is currently trading at Rs 36.80, up by 1.15 points or 3.23% from its previous closing of Rs 35.65 on the BSE.
The scrip opened at Rs 36.20 and has touched a high and low of Rs 37.30 and Rs 35.00 respectively. So far 120184 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 2 has touched a 52 week high of Rs 70.60 on 17-Feb-2012 and a 52 week low of Rs 35.30 on 13-Feb-2013.
Last one week high and low of the scrip stood at Rs 40.15 and Rs 35.30 respectively. The current market cap of the company is Rs 341.73 crore.
The promoters holding in the company stood at 46.12% while Institutions and Non-Institutions held 15.21% and 38.67% respectively.
Elecon Engineering Company has been awarded Letter of intent of Rs 183.00 Crore from NCC (formerly Nagarjuna Construction Company) Madhapur, Hyderabad for Design, Engineering , Supply, Transportation, Erection, Testing & Commissioning of complete External Coal Handling Pipe Conveyor System Package of 4000TPH including Mandatory spares for 2x660MW NCCPPL Super Critical TPP at Ananthapuram village, Muthukur Mandal Nellore District, Andhra Pradesh.
Elecon Engineering Company (EECL) is a market leader in the domestic gears segment with around 25% market share in the domestic transmission equipment segment.
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