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Ducon Infratechnologies shines on securing FGD project order from Chloride Metals

Ducon Infratechnologies is currently trading at Rs. 15.75, up by 0.81 points or 5.42% from its previous closing of Rs. 14.94 on the BSE.

The scrip opened at Rs. 15.10 and has touched a high and low of Rs. 15.95 and Rs. 14.68 respectively. So far 4740 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 1 has touched a 52 week high of Rs. 32.80 on 15-May-2018 and a 52 week low of Rs. 8.51 on 29-Jan-2019.

Last one week high and low of the scrip stood at Rs. 16.00 and Rs. 13.87 respectively. The current market cap of the company is Rs. 161.72 crore.

The promoters holding in the company stood at 70.16%, while Institutions and Non-Institutions held 0.01% and 29.83% respectively.

Ducon Infratechnologies has received a FGD project order from Chloride Metals, one of India’s largest secondary lead smelter and Production Company for their Greenfield lead metal recycling and refining project in Haldia.

Under this turnkey order, the company will provide a complete air pollution control package including Lime FGD system along with particulate control system which will allow Chloride Metals Ltd to comply with latest global emission standards. The company continues to be actively involved in bidding on both power plant size and industrial size FGD projects.

Ducon Infratechnologies is a growing technology company providing solutions in the digital and infrastructure space to a variety of business segments across industries.

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