Generic Engineering Construction and Projects Limited receives work order worth Rs 41.37 Crs.

Generic Engineering Construction and Projects Limited ("Generic"), has been awarded with new work worth Rs 41.37 Crs (plus GST) from existing reputed client. The project is for Civil works (Industrial & commercial Segment) from Reliance Life Sciences Pvt Ltd for material center and Corporate office worth Rs 41.37 crs (plus GST) in Navi Mumbai's Rabale Location.

On the same, Mr. Manish Patel, Managing Director said, "We are pleased with these new order win. We feel proud of being selected on the basis of strengths of our technical and financial bids. It is our continuous endeavour to add more orders are confident on the growing execution capabilities of the company throughout PAN India.

With receipt of above, the total current outstanding order book stands at Rs. 1,207.78 crores.

Shares of Generic Engineering Construction and Projects Ltd was last trading in BSE at Rs.54.8 as compared to the previous close of Rs. 56.1. The total number of shares traded during the day was 9357 in over 82 trades.

The stock hit an intraday high of Rs. 57.5 and intraday low of 53.8. The net turnover during the day was Rs. 518571.

Source : Equity Bulls

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