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Technofab Engineering soars 8% on orders in Kenya & Bihar

"Letter of awards have been received for Rs 54 crore for a waste water rehabilitation project in Kenya and for Rs 208 crore for a rural electrification project in Bihar," said the company in its filing.

December 09, 2014 / 12:51 IST
     
     
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    Moneycontrol Bureau

    Investors bought more shares of Technofab Engineering on Tuesday on bagging letter of awards for two orders in water and power sectors.

    "Letter of awards have been received for Rs 54 crore for a waste water rehabilitation project in Kenya and for Rs 208 crore for a rural electrification project in Bihar," said the company in its filing.

    With this the total order book has crossed Rs 1500 crore, it added.

    Technofab Engineering is a medium sized electro-mechanical engineering and construction company.

    At 11:41 hours IST, the stock was quoting at Rs 149.00, up Rs 11.60, or 8.44 percent amid high volumes on the BSE.

    Posted by Sunil Shankar Matkar

    first published: Dec 9, 2014 12:51 pm

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