Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
29 March, 2015 08:37 IST
Tecpro bags order worth Rs 1.40 bn
Source: IRIS | 21 Jan, 2013, 11.31AM
Comments  |  Post Comment

Tecpro Systems, an engineering procurement and construction (EPC) company, has received an order worth Rs 1.40 billion from the West Bengal Development Corporation, a Government of West Bengal Enterprise.

The order is for supply of ash handling plant turnkey package for Sagadighi Thermal Power Extention project, phase-II, units 3 and 4 alongwith erection and other related services.

Commenting on the development, Amul Gabrani, vice-chairman & managing director, Tecpro Systems (Q,N,C,F)* said, ''We are glad to receive this order from the West Bengal Power Development Corporation. It has been our continuous effort to strengthen the order book position given our strong performance track record and leadership position in the coal handling and ash handling segment.''

''We have witnessed good traction in order inflows this year having booked orders worth Rs 23 billion till date, compared to Rs 16.38 billion booked during the same period last year. Further, our total order book position till date at about Rs 45 billion. We are confident of maintaining this momentum going forward aided by our unique presence across multiple services offerings,'' he added.

Shares of the company gained Rs 9.45, or 6.31%, to trade at Rs 159.25. The total volume of shares traded was 81,608 at the BSE (11.28 a.m., Monday).

Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Related Articles
Tata Teleservices wins spectrum in 800 MHz band in Mumbai & Maharashtra - 27-Mar-2015 18:12
Fortis to sell Singapore hospital to Concord Medical Services - 27-Mar-2015 16:25
Strides Arcolab launches generic drug Sofosbuvir in India - 27-Mar-2015 15:16
L&T Construction wins orders worth Rs 17.11 bn - 27-Mar-2015 10:20
Reliance Jio Infocomm bids total Rs 100.77 bn in spectrum auctions - 27-Mar-2015 10:09
RCom bids total Rs 42.99 bn in spectrum auctions - 27-Mar-2015 10:01
NTPC becomes first PSU to issue bonus debentures - 27-Mar-2015 09:53
Bharti Airtel acquires Prime Spectrum - 27-Mar-2015 09:13
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer