Isgec Hitachi Zosen Limited Bags Breakthrough Order for a PTA Reactor

Isgec Hitachi Zosen Limited received a major order for a PTA Reactor for a Public Sector Petrochemical Project of national importance from Technip Energies, Noida. The scope of work includes Mechanical Design, Material Procurement, Fabrication/Testing, and Supply of Equipment.

The Reactor is for INEOS (formerly BP) designed PTA Plant. This is the first approval for Isgec Hitachi Zosen Ltd., India (a joint venture of Isgec Heavy Engineering Ltd. India and Hitachi Zosen Corporation, Japan) with INEOS and the first order for an INEOS (formerly BP) design.

Shares of ISGEC Heavy Engineering Ltd was last trading in BSE at Rs. 787 as compared to the previous close of Rs. 794.95. The total number of shares traded during the day was 11292 in over 1051 trades.

The stock hit an intraday high of Rs. 800.4 and intraday low of 777. The net turnover during the day was Rs. 8871084.

Source : Equity Bulls

Keywords