MoneyWorks4Me

TRF touches the roof on receiving order worth Rs 360.47 crore

01 Apr 2013 Evaluate

TRF is currently locked at upper circuit limit at Rs. 171.70, up by 28.60 points or 19.99 % from its previous closing of Rs. 143.10 on the BSE.

The scrip opened at Rs. 148.00 and has touched a high and low of Rs. 171.70 and Rs. 148.00 respectively. So far 87,832 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 338.80 on 20-Apr-2012 and a 52 week low of Rs. 134.00 on 28-Mar-2013.

The current market cap of the company is Rs. 188.00 crore.

The promoters holding in the company stood at 34.30 % while Institutions and Non-Institutions held 12.39 % and 53.31 % respectively.

TRF has received an order worth Rs 360.47 Crore from Nabinagar Power Generating Company , a joint venture Company of NTPC and Bihar State Power (Holding) Company for Design, Engineering, Manufacture, Supply, Erection, Testing and Commissioning of Coal Handing Plant Package for Nabinagar Super Thermal Power Project (3 x 660 MW).

TRF is part of the Tata Group of Companies. Over the last five decades, TRF has emerged as a pioneer in solutions for material handling equipment and processing systems required in the infrastructure development. TRF has also diversified into automotive applications business.

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