Shriram EPC soars 12% after order win

India Infoline News Service | Mumbai | September 21, 201611:54 IST

The company received an order from Chennai Metropolitan Water Supply and Sewage Board for providing comprehensive water supply scheme in Chennai city.

Shriram EPC Ltd is currently trading at Rs. 25.95, up by Rs. 2.75 or 11.85% from its previous closing of Rs. 23.2 on the BSE. The company announced that it has been awarded contract of over Rs.74 crore. The company received an order from Chennai Metropolitan Water Supply and Sewage Board for providing comprehensive water supply scheme in Chennai city.

The scrip opened at Rs. 23.85 and has touched a high and low of Rs. 27.8 and Rs. 23 respectively. So far 1137,754 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 767.05 crore.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 38.55 on 06-Jan-2016 and a 52 week low of Rs. 19 on 08-Jun-2016. Last one week high and low of the scrip stood at Rs. 24 and Rs. 22.3 respectively.

The promoters holding in the company stood at 50.03 % while Institutions and Non-Institutions held 42.53 % and 7.44 % respectively.

The stock is currently trading above its 200 DMA.


***Note: This is a NSE Chart

 

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