Techno Electric -; Engineering skyrockets 7.5% after securing new orders for Rs1,455 crore

17 Aug 2022 , 12:48 PM

Techno Electric & Engineering Company Limited stocks run bullish on Wednesday’s trading session after the announcement of receipt of major order.

It has recently secured prestigious new orders for FGD totalling to Rs1,455 crore. The details are as follows

Rajasthan Rajya Vidyut Utpadan Nigam LTD — Kota — Rs666 crore (1×210 MW +2X 195 MW) 

Rajasthan Rajya Vidyut Utpadan Nigam LTD — Jhalawar — Rs789 crore (2x 600 MW)

At around 12:46 PM, Techno Electric & Engineering Company Ltd was trading at Rs300.95 per share higher by Rs21.10 or 7.54% as against previous closing of Rs279.85 per share on the BSE.

The scrip opened at Rs295 per share and touched an intraday high and low at Rs314.50 per share and Rs294.30 per share respectively so far today on the BSE platform.