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Shriram EPC surges on fresh orders worth Rs 367 crore

The company received Rs 234 crore order from Hutti Gold Mines Company Limited (HGML) for construction of a circular shaft.

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SI Reporter Mumbai

Shriram EPC has surged 6% to Rs 73 after the company said that it has received multiple orders amounting to Rs 367 crore.

The construction and engineering company has received an order worth of Rs 234 crore from Hutti Gold Mines Company Limited (HGML) for construction of a circular shaft.

“The company received two orders amounting of Rs 103 crore in its municipal service vertical and bagged repeat order of Rs 30 crore from Kerala Feeds for a 300TPD cattle feed plant at Thiruvangoor, Kozhikode,” Shriram EPC said in a statement.

The stock opened at Rs 71.90 and touched high of Rs 74.5 on BSE.  A combined 51,409 shares have changed hands on the counter so far on both the exchanges.

 

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First Published: Jan 29 2013 | 12:37 PM IST

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