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
26 May, 2015 17:06 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
Alstom Bharat Forge Power commences production at Sanand, Gujarat - 26-May-2015 16:43
Alstom Bharat Forge Power commences production at Sanand, Gujarat - 26-May-2015 16:43
Tata Motors Q4 profit dips 56% to Rs 17.16 bn; misses estimates - 26-May-2015 16:36
Tech Mahindra Q4 earnings fall 23.1% as margins contract - 26-May-2015 16:17
BHEL Q4 profit plunges 51.8% as sales fall, margins shrink - 26-May-2015 15:57
ICICIdirect retains 'Buy' on Inox with target price of Rs 210 - 26-May-2015 15:43
Religare raises target for Strides Arcolab to Rs 1,515 - 26-May-2015 14:28
IL&FS TN emerges as lowest bidder for two road projects in MP - 26-May-2015 14:23
Corporation Bank cuts base rate by 25 bps to 10% - 26-May-2015 14:16
Sundaram BNP Paribas MF buys 49,323 shares in Premier Explosives - 26-May-2015 12:18
Angel Broking expects Tata Motors to post 7% growth in Q4 profit - 26-May-2015 12:05
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