Petron Engineering Construction is currently trading at Rs 89.30, up by 0.95 points or 1.08% from its previous closing of Rs 88.35 on the BSE.
The scrip opened at Rs 86.20 and has touched a high and low of Rs 89.90 and Rs 86.00 respectively. So far 2951 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 272.00 on 05-Mar-2012 and a 52 week low of Rs 84.90 on 01-Mar-2013.
Last one week high and low of the scrip stood at Rs 97.30 and Rs 84.90 respectively. The current market cap of the company is Rs 64.83 crore.
The promoters holding in the company stood at 72.47% while Institutions and Non-Institutions held 2.01% and 25.52% respectively.
Petron Engineering Construction has received letter of Intent (LOI) from NCC, Madhapur, Hyderabad for services of erection, testing, commissioning, performance and guarantee testing for boiler and auxiliaries package for NCC Power Project (2 x 660 MW) for a total contract price of Rs 126.50 crore, excluding the service taxes.
Petron Engineering Construction has a valuable and rich experience in the fields of refinery (reformers and crackers), power and cement plants, petrochemical and fertilizer plants; insulation and refractory, fabrication works along with electrical and instrumentation works.
