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Petron Engineering receives Letter of Intent from Samsung Engineering for Rs 49 crores
Posted On : 2007-07-29 08:12:56( TIMEZONE : IST )
Petron Engineering Construction Ltd has announced that the Company has received Letter of Intent from Samsung Engineering Co. Ltd., for Piping, Equipment Erection, Heavy Lifting, Steel Structural and Painting Works of Indian Oil Corporation Ltd MEG Project at Panipat, Haryana for a contract value of Rs 49,00,00,000/-.
The stock closed on Friday at Rs.175.10, down by Rs.7.35 or 4.03%. The total traded quantity was 5194 compared to 2 week average of 10007. The stock hit an intraday high of Rs.180 and low of Rs.172.
