BGR Energy Advances After New Order Win

BGR Energy Advances After New Order Win

BGR Energy Systems rose 3.32% to Rs 105.85 at 09:51 IST on BSE after the company won an order worth Rs 87.68 crore from Tamil Nadu Transmission Corporation.

The announcement was made after market hours yesterday, 19 March 2018.
Meanwhile, the S&P BSE Sensex was up 61.81 points, or 0.19%, to 32,984.93. The S&P BSE Small-Cap index was up 3.22 points, or 0.02%, to 17,231.60.

On the BSE, 20,000 shares were traded on the counter so far as against the average daily volumes of 13,000 shares in the past one quarter. The stock had hit a high of Rs 105.95 and a low of Rs 102.80 so far during the day. The stock had hit a 52-week high of Rs 184.95 on 10 May 2017 and a 52-week low of Rs 100.50 on 19 March 2018.

The small-cap company has equity capital of Rs 72.16 crore. Face value per share is Rs 10.

BGR Energy Systems said that the electrical projects division of the company has secured a new order from Tamil Nadu Transmission Corporation (TANTRANSCO) for design, engineering, manufacture, supply, erection, testing and commissioning of 230-110 KV AIS substation with associated auto transformers, etc., at Tirupattur in Tamil Nadu and 1 No. 230 KV Bay extension at Palavadi 400 KV substation. Read More…

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