Share price of Bedmutha Industries touched 52-week high of Rs 49, rises more than 11 percent intraday Monday as it has received letter of award worth Rs 198 crore.

The company has received letter of award (LOA) from MP Poorve Keshtra Vidyut Vitaran worth of Rs 198 crore.

The order includes supply of materials, surveys, installation, testing and commissioning of Rural Electrification works of new 33/11 kV substation, augmentation/additional power transformer in existing 33/11 KV S/S 33 and 11kV bay extension, construction / augmentation of 33kV lines, 11 kV & LT line, installation / augmentation of distribution transformer, shifting/ replacement of existing / stop defective meters and providing new service connection to BPL/APL consumers spread all over the districts.

The aggregate amount of all the tenders is Rs 198.61 crore.

At 09:28 hrs Bedmutha Industries was quoting at Rs 46.10, up Rs 2, or 4.54 percent on the BSE.

here is company details.

 

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