Knowledge Marine & Engineering Works Ltd declared L1 bidder for High-Speed Patrol boat

Knowledge Marine & Engineering Works Limited has been declared as Lowest Bidder (L1) by the Visakhapatnam Port Trust for the tender of "Supply, Manning, Operation of High-Speed Patrol Boat with 15 knots speed on hire basis for a period of three years and further extendable for two more years".

Further, our Company is the sole technically qualified and Lowest bidder in a tender invited by the Ministry of External Affairs for the upcoming contract of "Dredging and providing maintenance for least available depth of 7.9 M on access channel and port basin at Sittwe Port and least available depth of 2 M on Kaladan River for shipping and navigation in KMTTP, Myanmar" for a period of 2.5 years.

Shares of Knowledge Marine & Engineering Works Ltd was last trading in BSE at Rs. 58.80 as compared to the previous close of Rs. 49.00. The total number of shares traded during the day was 102000 in over 27 trades.

The stock hit an intraday high of Rs. 58.80 and intraday low of 43.65. The net turnover during the day was Rs. 5752500.00.

Source : Equity Bulls

Keywords

KnowledgeMarineandEngineeringWorks INE0CJD01011 Shipping OrderWin L1Bidder