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12-Sep2018

A2Z Infra Engineering spurts on bagging order worth Rs 94.87 crore

A2Z Infra Engineering is currently trading at Rs. 19.65, up by 0.70 points or 3.69% from its previous closing of Rs. 18.95 on the BSE.

The scrip opened at Rs. 18.80 and has touched a high and low of Rs. 20.25 and Rs. 18.55 respectively. So far 111856 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 48.60 on 04-Jan-2018 and a 52 week low of Rs. 18.50 on 14-May-2018.

Last one week high and low of the scrip stood at Rs. 20.25 and Rs. 18.55 respectively. The current market cap of the company is Rs. 348.72 crore.

The promoters holding in the company stood at 29.56%, while Institutions and Non-Institutions held 13.89% and 56.55% respectively.

A2Z Infra Engineering has been awarded a contract by Nepal Electricity Authority, a Government of Nepal for execution of the design, supply, Installation/Erection, Testing and Commissioning of 11/0.4 kV distribution system in Nepal for an aggregate of $11.65 million and NPR 160.02 million including custom duty and VAT, in aggregate equivalent to approximately value of Rs 94.87 crore.

A2Z Infra Engineering (previously known as A2Z Maintenance & Engineering Services) is primarily engaged in providing Engineering, Procurement and Construction (EPC) services in power transmission and distribution sector with focus on distribution.


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