Petron Engineering zooms 20% on order win of Rs 110 crore

The company received work order for building structure works at Goregaon, Mumbai.

Infrastructure
SI Reporter Mumbai
Last Updated : Apr 27 2017 | 11:17 AM IST
Petron Engineering Construction is locked in upper circuit of 20% at Rs 176.40 on BSE after the company received order worth of Rs 110 crore for building structure works.

“The company has received work order from Guruashish Construction Pvt. Ltd., HDIL Towers, Bandra (East), Mumbai, for building structure works at Goregaon (West), Mumbai for a total value of Rs 110 crore (approx.),” Petron Engineering said in a BSE filing.

Till 11:09 am; a combined 891,391 shares changed hands on the counter against an average sub 10,000 shares that were traded daily in past two weeks on BSE and NSE. There were pending buy orders for 113,651 shares on both the exchanges.
 

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