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BGR Energy surges 18% post Rs 4.3 billion order win from Nuclear Power Corp

The stock surged 18% to Rs 108 on the BSE after the company said it has secured two orders worth of Rs 4.31 billion from Nuclear Power Corporation of India for Kudankulam Nuclear Power projects -3&4

SI Reporter  |  Mumbai 

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Shares of have surged 18% to Rs 108 per share on the on back of heavy volumes after the company announced that it has secured two orders worth of Rs 4.31 billion from for – 3 & 4.

The company bagged Rs 3.45 billion order for design & detailed engineering, manufacture, procurement, supply, etc., of 400KV & 230KV Switchyards and BoP electrical areas for – 3 & 4, said in a press release.

The second order worth of Rs 862 million for loading/unloading, transportation & handling at site, storage, civil works, etc., of 400KV & 230KV Switchyards and BoP electrical areas for – 3 & 4, it added.

The trading volumes on the counter has surged more than eight-fold with a combined 2.93 million shares changed hands on the and till 02:40 pm.


First Published: Tue, June 12 2018. 14:43 IST
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