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Siemens gains on winning order worth of Rs 113 crore from PGCB

The stock up 3% at Rs 1,239 after the company won an order worth Rs 113 crore from Power Grid Company of Bangladesh.

Siemens gains on winning order worth of Rs 113 crore from PGCB

SI Reporter Mumbai
Siemens is trading higher by 3% at Rs 1,239 on the BSE after the company together with Siemens Bangladesh has won an order worth approximately Rs 113 crore from Power Grid Company of Bangladesh Limited (PGCB).

The scope of the order includes design, supply, installation and commissioning of 230/132kV GIS Substations along with 225/300 MVA and 132/33 KV, 50/75 transformers at Keraniganj within Dhaka, Siemens said in a release.

The stock hit a hit a high of Rs 1,245 on the BSE so far. A combined 407,650 shares changed hands on the counter on the BSE and NSE till 12:27 PM.
 
 

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First Published: Jun 08 2016 | 12:39 PM IST

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