Skipper Limited (BSE: 538562) and NSE (Symbol: SKIPPER), is one of the world's leading manufacturers for power transmission & distribution structures and a prominent manufacturer of Telecom, Railway and Solar Structures. The company has emerged favourably placed in a new turnkey project of Rs. 524 crores from Power Grid Corporation Of India Limited for Supply and Installation of 765kV, 190km Hexa Zebra Conductor Transmission Line from Fatehgarh2 to Bhadla2 under TBCB bidding conducted by PFC for Green Energy Corridor projects.
Mr. Sharan Bansal, Director, Skipper Limited said "We are happy to be favourably placed in this prestigious project from PGCIL for Supply and Installation of 765kV,190km Hexa Zebra Conductor Transmission Line from Fatehgarh2 to Bhadla2 under TBCB package. We have the manufacturing and execution capabilities to deliver to stringent schedules while conforming to global standards. The Domestic T&D market has seen muted ordering for the past 18 months. However, now with the bids being finalized for the Green energy corridors, we are optimistic for better order inflows in the months to come. Along with this, our significant bid pipeline for international projects will ensure that we achieve our order inflow targets for the year."
Shares of Skipper Ltd was last trading in BSE at Rs.49.95 as compared to the previous close of Rs. 49.2. The total number of shares traded during the day was 4537 in over 134 trades.
The stock hit an intraday high of Rs. 51 and intraday low of 49.05. The net turnover during the day was Rs. 228137.