Tecpro Systems rises 3% on order from SK Engg

Written By Unknown on Senin, 31 Desember 2012 | 15.45

Shares of Tecpro Systems rose nearly 3 percent intraday on Monday as the company has received an international order worth USD 17.4 million from SK Engineering & Construction, South Korea for Paco power plant (2X160 MW) in Panama.

The company said they would undertake the design engineering, fabrication, manufacturing, inspection, packing and supervision of erection & commissioning of the coal handling & fly ash handling systems for SKEC for Paco power plant.

At 13:39 hours IST, the stock went up 0.67 percent to Rs 149.60 amid large volumes on the Bombay Stock Exchange. Market capitalisation of the company currently stands at Rs 755.09 crore.

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