Hot Pursuit     09-Mar-22
ISGEC Heavy Engg jumps on bagging order
ISGEC Heavy Engineering rose 4.73% to Rs 578 after the company said it bagged a large order for waste heat recovery boilers from Shree Cement.
Shree Cement has ordered cement waste heat recovery boilers for their 3.8 MTPA clinker capacity, integrated cement plant at Nawalgarh in Rajasthan.

The scope of work includes designing, manufacturing and supplying of PH boiler in the pre heater exhaust and AQC boiler in the cooler exhaust. These will be one of the world's largest capacity cement waste heat recovery based green energy steam generation plants and will be used for generating 35.5 MW of power.

The current order for the Nawalgarh site will be the third project that ISGEC has received from Shree Cement.

ISGEC Heavy Engineering is a diversified heavy engineering company. It manufactures process equipment, presses, iron & steel castings, and boiler pressure parts.

On a consolidated basis, the company's net profit declined 29.01% to Rs 47.03 crore while sales remained almost flat at Rs Rs 1,395.58 crore in Q3 FY22 over Q3 FY21.

Previous News
  ISGEC Heavy Engineering
 ( Analyst Meet / AGM - Conference Call 16-Feb-24   00:04 )
  ISGEC Heavy Engineering consolidated net profit rises 33.87% in the December 2022 quarter
 ( Results - Announcements 13-Feb-23   17:48 )
  ISGEC Heavy Engineering consolidated net profit rises 14.40% in the December 2020 quarter
 ( Results - Announcements 12-Feb-21   09:44 )
  Board of ISGEC Heavy Engineering recommends Interim Dividend
 ( Corporate News - 12-Feb-21   10:14 )
  ISGEC Heavy soars after ethanol plant commences commercial production
 ( Hot Pursuit - 24-Dec-21   09:52 )
  Isgec Heavy Engineering bags order from Odisha Power Generation Corporation
 ( Corporate News - 29-Jun-21   17:42 )
  ISGEC Heavy Engineering to table results
 ( Corporate News - 23-May-22   11:18 )
  Isgec Heavy Engineering
 ( Results - Analysis 11-Feb-19   10:29 )
  ISGEC Heavy Engineering bags order for supply of 100th CFBC boiler
 ( Corporate News - 23-Jun-21   12:26 )
  ISGEC Heavy Engineering to pay interim dividend
 ( Market Beat - Reports 21-Mar-18   17:10 )
  ISGEC Heavy Engineering Ltd leads gainers in 'A' group
 ( Hot Pursuit - 24-Dec-21   12:00 )
Other Stories
  JSW Energy arm secures LoA from SJVN
  29-Jun-24   16:45
  GE Power bags purchase orders from NTPC, MAHAGENCO
  29-Jun-24   16:05
  Cochin Shipyard arm inks contract with Norwegian company
  29-Jun-24   15:01
  Titan signs JV agreement with Rhythm Jewelry
  29-Jun-24   13:30
  BEL bags order worth Rs 3,172 crore from Armoured Vehicles Nigam
  29-Jun-24   12:44
  Orchid Pharma partners with Cipla for pan-India distribution of Cefepime-Enmetazobactam
  29-Jun-24   10:08
  Rajoo Engineers board OKs 1:1 bonus issue
  29-Jun-24   09:27
  Aditya Vision board to mull stock split proposal
  29-Jun-24   08:51
  Giriraj Civil Developers rallies on securing order worth Rs 181 crore
  28-Jun-24   16:57
  Oil India rises on appointing Rupam Barua as CFO
  28-Jun-24   15:25
Back Top