Techno Electric surges 9% on healthy growth outlook

The management expects growth momentum of business as well as execution to continue for the coming three years.

Shares of Techno Electric Engineering Company (TEEC) moved higher by 9 per cent to Rs 345 on the BSE in Friday’s intra-day trade on healthy growth outlook. In past one year, the stock of civil construction company has rallied 45 per cent, as compared to 8 per cent rise in the S&P BSE Sensex. It had hit a record high of Rs 391 on February 10, 2023.

TEEC is among the leading power-infrastructure companies engaged in three primary business segments; EPC (construction), renewable power generation (wind power) and public-private partnership (PPP) projects in transmission & distribution (T&D).

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