Stock Report

Petron Engineering Construction receives LOI from NCC Ltd & Shree Cement



Posted On : 2014-12-18 20:06:19( TIMEZONE : IST )

Petron Engineering Construction Ltd has received letter of Intent from NCC Limited, Madhapur, Hyderabad for additional Services of "Erection, Testing & Assistance for Commissioning, Trial Operation and handing over of Critical Piping as per Technical Specification for 2 x 600 MW NCC Power Plant at Nellore, and from Shree Cement Ltd., Beawar, Rajasthan for Civil Construction Work of Packing Plant Extension and Fly Ash unloading system with handling Conveyor Belt at Bangur Cement, Aurangabad for a total Contract Value of Rs. 24.00 Crores (Excluding Service Tax).

Shares of PETRON ENGINEERING CONSTRUCTION LTD. was last trading in BSE at Rs.149 as compared to the previous close of Rs. 148. The total number of shares traded during the day was 230 in over 4 trades.

The stock hit an intraday high of Rs. 149.05 and intraday low of 149. The net turnover during the day was Rs. 34276.

Source : Equity Bulls

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