BSE Code - 532711
Face Value - Rs 10
Group - BSE 'B'
Shareholding pattern (a)Promoters - 57.84%
(b)Institutions - 6.41%
(c)Non-Institutions - 35.75%
One year High-Low - Rs 155.05 - Rs 37.50
Sunil Hitech Engineers (SHEL), a leading construction company focused on infrastructure projects and renewable energy, has bagged new orders aggregating to Rs 137.56 crore. The company has bagged an Rs 86.82 crore order from Bharat Heavy Electricals (BHEL) for the supply of finished product of bunker structures-raw coal bunkers, coal handling transfer points and other ancillary services for the Unit# 3 of 2X660 MW NTPC Mouda STTP Stage II project.
In another development, the company has also bagged two orders of road construction around Hyderabad City amounting to Rs 50.74 crore. This order further showcases the steps the company is taking to step up business in other Infrastructure verticals such as roads construction etc. on the way to become an Infrastructure conglomerate.
Sunil Hitech Engineers is engaged in the niche segment of Fabrication, Erection & Testing and Commissioning of Bunkers, ESPs, Boilers, TG sets in the Power Plants, both in Private & Public sector. SHEL is amongst very few companies which are tightly focused in the ever-growing Power Sector, for the last two decades.
Current price of stock is Rs 129.30, down by 0.85 points from its previous closing of Rs 130.15 on the BSE.
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