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
21 April, 2015 06:54 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
IDBI Bank partners with NPCI - 20-Apr-2015 17:07
Hindustan Zinc standalone quarterly earnings up 6.18% - 20-Apr-2015 16:46
Shriram Automall inks renewal pact with State Bank of India - 20-Apr-2015 16:08
Mazda bags order worth Rs 165.5 mn - 20-Apr-2015 15:41
BHEL commissions 250 MW thermal unit in Gujarat - 20-Apr-2015 12:40
Nomura downgrades Lupin to Neutral - 20-Apr-2015 12:37
Motilal Oswal remains neutral on Reliance post Q4 results - 20-Apr-2015 12:16
JSW Steel crude steel production down 3% in Q4 - 20-Apr-2015 11:58
Lupin launches Zaxine in Canada - 20-Apr-2015 11:41
Tata Power offers online application for power supply - 20-Apr-2015 11:18
Emkay upgrades Federal Bank to Buy - 20-Apr-2015 11:08
more...
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