Stock Report

Surana Telecom and Power allocated 5 MW Solar Power Project



Posted On : 2010-10-18 00:55:04( TIMEZONE : IST )

Surana Telecom and Power allocated 5 MW Solar Power Project

Surana Telecom and Power Ltd has announced that the Company has been allocated Solar Power Project of 5 MW Capacity from the Government of Gujarat in accordance with the provisions of Solar Power Policy of the Government of Gujarat.

The total investment in the project will be about Rs. 67.50 crores. The project shall be commissioned within a period of one year.

The stock was trading at Rs.20.85, up by Rs.2.35 or 12.70%. The stock hit an intraday high of Rs.21.80 and low of Rs.18.35.

The total traded quantity was 262460 compared to 2 week average of 8180.

Source : Equity Bulls

Keywords