Home / BUSINESS / ABC India zooms on securing order of Rs 137.70 crore from BHEL

ABC India zooms on securing order of Rs 137.70 crore from BHEL

ABC India is currently trading at Rs. 59.60, up by 4.60 points or 8.36% from its previous closing of Rs. 55.00 on the BSE.

The scrip opened at Rs. 60.80 and has touched a high and low of Rs. 63.50 and Rs. 58.00 respectively. So far 9950 shares were traded on the counter.

The BSE group ‘X’ stock of face value Rs. 10 has touched a 52 week high of Rs. 86.45 on 07-Aug-2018 and a 52 week low of Rs. 44.05 on 01-Oct-2018.

Last one week high and low of the scrip stood at Rs. 63.50 and Rs. 52.00 respectively. The current market cap of the company is Rs. 31.96 crore.

The promoters holding in the company stood at 60.05%, while Non-Institutions held 39.95% stake in the company.

ABC India has been awarded an order of Rs 137.70 crore from BHEL for Multimodal Transportation of Export Project Cargo from India to the MSTPP Rampal Project in Bangladesh.

ABC India has been a pioneer in the field of logistics since its inception. The company has its own fleet of trucks and hydraulic trailers & has its own Custom House Agent License to facilitate the customs clearance of imported or exported cargo.

Please share this news