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ISGEC Heavy Engineering Ltd., incorporated in the year 1933, is a Mid Cap company (having a market cap of Rs 5437.14 Crore) operating in Engineering sector. ....
The order is for renovating and modernising the electrostatic precipitators of 2x500 MW TPP at Chandrapur Thermal Power Station, the company has said ....
ISGEC Heavy Engineering rose 1.68% to Rs 528.65 after the company said it has signd a project specific collaboration agreement with US-based United Conveyor Corporation for Dry Sorbent Injection (DSI) technology.DSI technology can be used to reduce sulphur dioxide emissions from thermal power plants. ISGEC Heavy Engineering s consolidated net profit rose 2.9% to Rs 64.88 crore on a 17.4% drop in net sales to Rs 1,392.46 crore in Q3 FY21 over Q3 FY20. ISGEC Heavy Engineering is a diversified heavy engineering company engaged in manufacturing and project businesses with an extensive global presence. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) ....
ISGEC Heavy Engineering advanced 2.90% to Rs 476.95 after the company said it received an order from Shree Cement to set up waste heat recovery boilers at their Raipur unit.The boilers to be set up at Shree Cement s Raipur unit, will be of two types: a PH boiler to be installed at the pre-heater exhaust, and an AQC boiler to be installed at the cooler exhaust from the 10500 TPD kiln. According to V K Luthra, business head, industrial & green energy boilers at Isgec, this is indeed a very prestigious order for us and we thank Shree Cement for once again showing confidence in Isgec s capabilities. This is the secondproject that Isgec will be successfully setting up for Shree Cement. ....
Shares of Isgec Heavy Engineering, on Wednesday, were up 5 per cent at Rs 487.50 in intra-day trade on the BSE after the company said it has bagged orders for two gas fired boilers from public sector refinery. The stock of the industrial machinery manufacture was trading close to its 52-week high of Rs 488, touched on February 8. The two gas fired boilers will supply steam to the whole petrochemical unit in this green field project. This order continues Isgec’s track record of being a leading supplier for the refinery & petrochemical industry and is one more step in its resolve towards strengthening the ‘Make in India’ initiative of the Government of India, the company said in a exchange filing. ....