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Techno Electric surges as its promoters increases stake to 59.28%

24 Mar 2014 Evaluate

Techno Electric is currently trading at Rs. 135.50, up by 15.55 points or 12.96% from its previous closing of Rs. 119.95 on the BSE.

The scrip opened at Rs. 119.75 and has touched a high and low of Rs. 142.80 and Rs. 106.05 respectively. So far 275406 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 166.90 on 25-Mar-2013 and a 52 week low of Rs. 69.00 on 02-Aug-2013.

Last one week high and low of the scrip stood at Rs. 124.95 and Rs. 96.00 respectively. The current market cap of the company is Rs. 789.00 crore.

The promoters holding in the company stood at 54.97% while Institutions and Non-Institutions held 3.34% and 41.69% respectively.

Techno Electric and Engineering Company’s promoters have increased their stake in the company by over 4 percentage to 59.28% via indirect acquisition. The promoter group companies -- Checons, Kusum Industrial Gases and Varanasi Commercial have acquired control over Pragya Commerce Private and Trimurti Associates who hold 10,99,367 equity shares i.e. 1.93% and 13,60,926 equity shares i.e. 2.38% respectively in the company.

As on December 31, 2013, the promoters holding in the company stood at 54.97% while institutions and non-institutions held 3.34% and 41.69% stake in the company, respectively

Techno Electric & Engineering Company, headquartered in Kolkata, is a leading EPC company in the power sector. It provides engineering, procurement and construction services to all the three segments of power sector namely generation, transmission and distribution.

Techno Electric &Eng Share Price

1234.15 26.40 (2.19%)
17-Apr-2026 16:59 View Price Chart
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