KLG Systel up on PSEB project

KLG Systel shares spurted to a 20 per cent upper circuit to Rs 62.6, after the company announced on Saturday that its power system solutions division was awarded orders of around Rs 40 crore from Punjab State Electricity Board for EPC project on turnkey basis.

The stock opened at Rs 56 with an intraday low of Rs 55 with trading volumes of 2.67 lakh shares (around six times its two-week average). The scrip made a 52-week high of Rs 724.9 (April 21, 2008) and a low of Rs 47.4 (March 06, 2009).