Shriram EPC is currently trading at Rs. 29.70, up by 1.45 points or 5.13% from its previous closing of Rs. 28.25 on the BSE.
The scrip opened at Rs. 30.95 and has touched a high and low of Rs. 30.95 and Rs. 29.45 respectively. So far 51,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 40.80 on 07-Nov-2016 and a 52 week low of Rs. 19.00 on 08-Jun-2016.
Last one week high and low of the scrip stood at Rs. 30.95 and Rs. 25.05 respectively. The current market cap of the company is Rs. 2,448.00 crore.
The promoters holding in the company stood at 21.11%, while Institutions and Non-Institutions held 75.75% and 3.13% respectively.
Shriram EPC (SEPC) has been awarded an overseas contract for an amount of $107.76 million to be executed in JV with Larsen & Toubro out of which SEPC share will be 25%. This engineering and procurement and construction order has been secured from the Ministry of Water & Irrigation United Republic of Tanzania for the extension of Water transmission pipeline from the Lake Victoria Water supply scheme to Tabora, Nzega and lgunga Towns (Package II).
The scope of work involves survey, design, procurement, construction and installation of pumping stations, rising and gravity/mainlines, elevated and ground level storage reservoirs, branch lines and distribution network and water kiosks for the creation of a comprehensive water supply and transmission pipeline to Tabora town and 33 other villages that are en route. This order win represents another big step forward for the company as it increases the scale of its international presence.
Shriram EPC is one of the leading service providers of the integrated designs, engineering, procurement, construction and project management services for power plants, renewable energy projects, process and metallurgical plants and municipal service sector projects throughout India and overseas.