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MoneyWorks4Me

Sunil Hitech’s promoters increase stake in the company to 57.84%

24 Mar 2014 Evaluate

Sunil Hitech Engineers’ promoters have increased their stake in the company to 57.84% from 53.20% through conversion of warrants. As on December 31, 2013, the promoters holding in the company stood at 53.20% while institutions and non-institutions held 9.03% and 37.77% stake in the company, respectively.

Sunil Hitech Engineers is engaged in the niche segment of Fabrication, Erection & Testing and Commissioning of Bunkers, ESPs, Boilers, TG sets in the Power Plants, both in Private & Public sector. SHEL is amongst very few companies which are tightly focused in the ever-growing Power Sector, for the last two decades.

Peers
Company Name CMP
Larsen & Toubro 4105.00
Kalpataru Projects 1369.80
NCC 125.25
Rail Vikas Nigam 194.25
KEC International 337.05
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