Taylormade Renewables Ltd receives new work order worth Rs. 113.59 crores

Taylormade Renewables Ltd has received new work order from CVKCPL-KI JV, Plot No.: 24, Nagarjuna Enclave, Madeena Guda, Hyderabad, Telangana - 500049 for PUBLIC HEALTH & MUNICIPAL ENGINEERING DEPARTMENT, GOVERNMENT OF ANDHRA PRADESH for Remodeling of existing water supply distribution pipeline and construction of ELSRs (4 Nos) with full SCADA including restoration of roads in Proddatur Municipality on back to back basis bearing ref. no.: CVKCPL-KI JV/W&E/PHED/WSPDTR/W.O/2023-24/01 worth INR 113.59 Crores.

The company expects the influx of orders to increase substantially in coming times as it intends to forge a long-term relationship with customers in order to address their waste water treatment problems efficiently and economically.

Post the receipt of this order the cumulative order book of the company stands at about 252.28 Crores.

Shares of Taylormade Renewables Ltd was last trading in BSE at Rs. 591.60 as compared to the previous close of Rs. 563.45. The total number of shares traded during the day was 4800 in over 6 trades.

The stock hit an intraday high of Rs. 591.60 and intraday low of 591.60. The net turnover during the day was Rs. 2839680.00.

Source : Equity Bulls

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