BGR Energy jumps after robust Q4 results

BGR Energy Systems rose 10.11% to Rs 107.30 at 15:08 IST on BSE after net profit surged 125.84% to Rs 32.95 crore on 7.68% increase in total income to Rs 1196.43 crore in Q4 March 2018 over Q4 March 2017.

The result was announced after market hours yesterday, 30 May 2018.

Meanwhile, the S&P BSE Sensex was up 416.54 points, or 1.19% to 35,322.65.

On the BSE, 2.20 lakh shares were traded in the counter so far compared with average daily volumes of 12,000 shares in the past two weeks. The stock had hit a high of Rs 112.60 and a low of Rs 103 so far during the day. The stock hit a 52-week high of Rs 164.70 on 31 May 2017. The stock hit a 52-week low of Rs 91.10 on 22 May 2018.

 

BGR Energy Systems is a leading engineering, procurement and construction (EPC) and balance of plant (BoP) engineering and contracting company for power projects in India.

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