Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
24 September, 2018 10:44 IST
Shriram EPC bags multiple orders worth Rs 3.49 bn
Source: IRIS | 13 Oct, 2017, 09.58AM
Comments  |  Post Comment

Shriram EPC has won multiple orders aggregating Rs 3.49 billion. The first order amounting to Rs 3.11 billion has been bagged from Bihar Urban Infrastructure Development Corporation involves improvement of water supply system in Gaya Municipal Corporation. The Asian Development Bank funded project is to be executed over a period of 42 months, with operations and maintenance period of 3 years.

The second order amounting to Rs 380 million is from Karnataka Urban Infrastructure Development & Finance Corporation and entails construction of pipeline, overhead tank and distribution network at Byadgi along with operations and maintenance. The Asian Development Bank funded project is to be executed over a period of 24 months while the O&M component extends up to 8 years post completion.

Shares of the company gained Rs 2.75, or 14.07%, to trade at Rs 22.30. The total volume of shares traded was 319,664 at the BSE (9.48 a.m., Friday).



Shriram EPC Limited   (Q,N,C,F)*

Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Company Update
Tatas to acquire Usha Martin's steel business for up to Rs 47 bn - 24-Sep-2018 10:05
Sequent Scientific to acquire Solara Active Pharma Sciences' EU-GMP API facility - 24-Sep-2018 09:48
Biocon announces successful USFDA inspection of its Bangalore facility - 24-Sep-2018 09:45
Godrej Properties adds a new residential project in Noida, NCR - 24-Sep-2018 09:42
ITD Cementation India wins orders worth Rs 8.45 bn - 21-Sep-2018 15:44
Emami Paper Mills to invest around Rs 20 bn in Gujarat - 21-Sep-2018 15:03
Tijaria Polypipes receives single order worth Rs 353 mn - 21-Sep-2018 13:13
Infosys to open technology and innovation hub in Arizona - 21-Sep-2018 13:08
Pennar Group bags orders worth Rs 1.81 bn - 21-Sep-2018 13:05
TCS recognized as leader in finance and accounting digital augmentation suite - 21-Sep-2018 12:30
Sun Pharma announces Australian TGA approval of ILUMYA - 21-Sep-2018 12:06
more...
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer