Generic Engineering Construction and Projects Limited bags new work order worth Rs. 32.53 crore

Generic Engineering Construction and Projects Limited has been awarded with new work order worth Rs. 32.53 crore (excluding GST) for various institutional projects from various clients (new as well as existing), which inter alia includes Industrial, Residential as well as Educational Projects.

On the same, Mr. Manish Patel, Managing Director said, "We are pleased with these new order win. We feel proud of being selected on the basis of strengths of our technical and financial bids. It is our continuous endeavour to add more orders from existing and new clients, both in public and private sector and we are confident on the growing execution capabilities of the company.

With receipt of above, the total current outstanding order book stands at Rs. 1120.03 crore.

Shares of Generic Engineering Construction and Projects Ltd was last trading in BSE at Rs.51.95 as compared to the previous close of Rs. 52.05. The total number of shares traded during the day was 6398 in over 53 trades.

The stock hit an intraday high of Rs. 54.3 and intraday low of 51. The net turnover during the day was Rs. 335688.

Source : Equity Bulls

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