Stock Report

Petron Engineering receives new orders for Adani Power Project



Posted On : 2007-04-18 00:00:43( TIMEZONE : IST )

Petron Engineering receives new orders for Adani Power Project

Petron Engineering Construction Ltd has announced that the Company has received Letter of Award from Sichuan Fortune Project Management Co. Ltd, China for Erection work for Two 330 MW Power Plants of M/s. Adani Power Project Ltd., at Mundra, Gujarat, for a total estimated contract value of Rs 37,76,00,000/-.

The stock was trading at Rs.152.50, up by Rs.12.10 or 8.62%. The stock hit an intraday high of Rs.155 and low of Rs.138. The total traded quantity was 23844 compared to 2 week average of 9077.

Source : Equity Bulls

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