BGR Energy Systems Limited has entered into Supply contract & Services contract with M/s. Odisha Power Generation Corporation Limited ("OPGCL Project") and M/s. Neyveli Uttar Pradesh Power Ltd. ("NUPPL-Ghatampur Project"), for which IDBI Bank, SBI and Canara Bank have given Bank Guarantee on behalf of the Company. Now, the Company has received communications from the Banks regarding the invocation and encashment of Bank Guarantee by OPGCL amounting to Rs.383.66 crores and by NUPPL amounting to Rs.490.68 Crores.
Shares of BGR Energy Systems Limited was last trading in BSE at Rs. 39.20 as compared to the previous close of Rs. 40.00. The total number of shares traded during the day was 11057 in over 79 trades.
The stock hit an intraday high of Rs. 39.20 and intraday low of 39.20. The net turnover during the day was Rs. 433434.00.