Sika Interplant Systems spurts on bagging order worth Rs 24 crore

Sika Interplant Systems is currently trading at Rs. 28.50, up by 1.00 points or 3.64 % from its previous closing of Rs. 27.50 on the BSE.

The scrip opened at Rs. 28.50 and has touched a high and low of Rs. 28.50 and Rs. 28.50 respectively. So far 90 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 29.10 on 03-Jan-2014 and a 52 week low of Rs. 19.00 on 24-Sep-2013.

Last one week high and low of the scrip stood at Rs. 29.10 and Rs. 24.00 respectively. The current market cap of the company is Rs. 12.08 crore.

The promoters holding in the company stood at 71.44 % while Non-Institutions held 28.56 % of the stake.

Sika Interplant System, a technology driven company focused on the Aerospace & Defence sector, has secured new orders approximately worth Rs 24 crore for advanced engineering products and services during last quarter (Q3 / FY13-14).

With these contracts, the order backlog for Sika Interplant Systems has now gone up to around Rs 33 crore, reflecting the total value of unexecuted orders as on 31st December 2013.

Sika Interplant Systems incorporated in 1985, is an engineering company in projects, systems, products and engineering services for aerospace, space, marine, automotive and core industries.