Shriram EPC bags order worth Rs 107 crores

by khalid on 07/04/2010 · 0 comments

Shiram EPC is a Chennai based focussed turnkey engineering company present in some of the fastest growing EPC verticals in India. The company has informed the market(BSE) that they have won order from SAIL for Durgapur Steel Plant. The scope of work is for Engineering, Procurement, Supply and Installation of a 1 Million Tonne Per Annum (MTPA) capacity Medium Structural Mill as part of Durgapur Steel Plant’s 3 MTPA expansion programme. The company will execute this work as a part of consortium which includes three partners namely Shriram EPC, Siemens VAI, Italy and Siemens VAI Metal Technologies Pvt Ltd, India. The value of the order for just shriram EPC is Rs. 107 crores.

On the news of this order, company’s share have jumped around 12% today.

Share’s Data :-
BSE Code : 532945
Mkt. Cap: Rs 1124 Crores
P/E: 23.84
EPS: 9.23 on Mar 2009
Face Value : Rs 10
Last dividend : 12% in Jun 2009
52 Week H/L : Rs 265.00 / 122.00
Shriram EPC Ltd. share’s CMP is Rs 256.70 on 7th Apr 2010

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