Petron Engineering is currently trading at Rs 273.50, up by 2.90 points or 1.07% from its previous closing of Rs 270.60 on the BSE.
The scrip opened at Rs 270.00 and has touched a high and low of Rs 273.95 and Rs 264.00 respectively.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 489.45 on 29-Apr-2011 and a 52 week low of Rs 253.10 on 11-Feb-2011.
Last one week high and low of the scrip stood at Rs 297.90 and Rs 267.40 respectively. The current market cap of the company is Rs 203.99 crore.
The promoters holding in the company stood at 72.47% while Institutions and Non-Institutions held 3.78% and 23.75% respectively.
Petron Engineering Construction has received a fax of acceptance from GAIL (India), a Government of India undertaking for cracker furnace package at Pata (UP) for Petrochemical Complex - II project for a total order value of Rs 104.93 crore approximately.
Recently, the company had been awarded a contract by Lafarge India, Mumbai for mechanical erection, electrical and automation installation for its 5000 TPD cement plant project at Chittaurgarh, Rajasthan, India, for an approximate contract value of Rs 66.50 crore.
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.
