Stock Report

Sunil Hitech secures order worth Rs 1117.50 millions



Posted On : 2007-08-13 22:32:40( TIMEZONE : IST )

Sunil Hitech secures order worth Rs 1117.50 millions

Sunil Hitech Engineers Ltd has announced that the Company has bagged following projects amounting to Rs 1117.50 Millions and the execution period for these contracts is about eighteen months.

The company has been awarded Structural fabrication, erection works including supply of steel by M/s. JSW (Ratnagiri) Ltd, for 4x300 MW thermal power Plant located at Jaigarh, dist. Ratnagiri, Maharashtra. The total Contract value is Rs 1117.50 Millions and the contract period is 22 months.

The Company is committed to complete this job to the utmost satisfaction of Customers & well within the time schedule.

The stock was trading at Rs.228.70, up by Rs.7.25 or 3.27%. The stock hit an intraday high of Rs.234 and low of Rs.220. The total traded quantity was 214374 compared to 2 week average of 282840.

Source : Equity Bulls

Keywords