Mumbai (Maharashtra) [India], February 18 (ANI/NewsVoir): BSE and NSE listed Construction giant, Generic Engineering Construction and Projects Ltd. (539407), w.e.f. 16th February 2021 amidst a select gathering got listed on The National Stock Exchange (NSE) with bell ringing ceremony.
Listing on NSE will benefit the company as it will lead to increased liquidity and trade volumes. . The company has recently bagged new work orders from various institutional projects and various leading international and Indian Corporates. With receipt of above, the total current outstanding order book as on December 2020 stands at Rs 1166.41 Crore.
The company's credit rating was upgraded from BBB-Stable to BBB Stable by Care Ratings and is sustained maintaining the same in this difficult COVID-19 phase.