Shriram EPC is currently trading at Rs. 118.45, up by 2.55 points or 2.20% from its previous closing of Rs. 115.90 on the BSE.
The scrip opened at Rs. 118.95 and has touched a high and low of Rs. 120.00 and Rs. 116.00 respectively.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 267.50 on 15-Oct-2010 and a 52 week low of Rs. 112.20 on 19-Aug-2011.
Last one week high and low of the scrip stood at Rs. 124.00 and Rs. 115.10 respectively. The current market cap of the company is Rs. 524.00 crore.
The promoters holding in the company stood at 39.27% while Institutions and Non-Institutions held 11.15% and 49.59% respectively.
Shriram EPC has received a letter of intent (LOI) dated November 08, 2011 from Hindustan Copper, Kolkata, for shaft sinking, equipping, supply and installation of winzes, ore handling system, deepening of inclined shaft, winzes and allied mine development at Surda, Indian Copper Complex, Jharkhand. The total value of this order is Rs 206.34 crore.
Recently, the company had bagged an order worth Rs 640 crore from Abhijeet project for a 50MW Solar Thermal Power Plant in the Jaisalmer of Rajasthan. The scope of work includes the design, engineering, procurement, supply, erection, testing and commissioning for the entire project. The project was scheduled for completion in 20 months.
Shriram EPC is one of the leading service providers of the integrated designs, engineering, procurement, construction and project management services for power plants, renewable energy projects, process and metallurgical plants and municipal service sector projects throughout India and overseas.