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Company Profile

ISGEC HEAVY ENGINEERING LTD.

NSE : ISGECBSE : 533033ISIN CODE : INE858B01029Industry : Engineering - ConstructionHouse : ISGEC
BSE1120.8076.75 (+7.35 % )
PREV CLOSE (Rs.) 1044.05
OPEN PRICE (Rs.) 1064.95
BID PRICE (QTY) 1117.15 (8 )
OFFER PRICE (QTY) 1120.10 (1 )
VOLUME 2936
TODAY'S LOW / HIGH (Rs.)1047.70 1125.05
52 WK LOW / HIGH (Rs.)476.3 1178
NSE1110.00 64.15 (+6.13 % )
PREV CLOSE(Rs.) 1045.85
OPEN PRICE (Rs.) 1045.85
BID PRICE (QTY) 1108.80 (16 )
OFFER PRICE (QTY) 1110.00 (426 )
VOLUME 77528
TODAY'S LOW / HIGH(Rs.) 1040.25 1110.00
52 WK LOW / HIGH (Rs.)475.95 1178.25

Company News

Date Heading Details
15-Apr-2024 Isgec Heavy Engineering rises as its step-down arm starts commercial operation in new ethanol plant in Philippines <p style="text-align: justify;">ISGEC Heavy Engineering is currently trading at Rs. 989.25, up by 16.55 points or 1.70% from its previous closing of Rs. 972.70 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 930.30 and has touched a high and low of Rs. 990.00 and Rs. 930.30 respectively. So far 10256 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1178.00 on 08-Feb-2024 and a 52 week low of Rs. 465.00 on 21-Apr-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 996.70 and Rs. 910.00 respectively. The current market cap of the company is Rs. 7190.82 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 62.43%, while Institutions and Non-Institutions held 12.27% and 25.29% respectively.</p><p style="text-align: justify;">Isgec Heavy Engineering's step-down subsidiary -- Cavite Biofuel Producers Inc. (CBPI), Philippines, has commenced the commercial operation at its new ethanol plant at Philippines on April 11, 2024, after obtaining all requisite approvals.</p><p style="text-align: justify;">Isgec Heavy Engineering is a multi-product, multi-location public company that has been providing engineering solutions to customers around the world for the past many years.</p>
15-Apr-2024 Announcement Under Regulation 30 - Commencement Of Commercial Operation By A Step-Down Subsidiary. Commencement of commercial operation by a step-down subsidiary.
12-Apr-2024 Isgec Heavy Engineering's step-down arm starts commercial operation in new ethanol plant in Philippines <p style="text-align: justify;">Isgec Heavy Engineering's step-down subsidiary -- Cavite Biofuel Producers Inc. (CBPI), Philippines, has commenced the commercial operation at its new ethanol plant at Philippines on April 11, 2024, after obtaining all requisite approvals.</p><p style="text-align: justify;">&nbsp;Isgec Heavy Engineering is a multi-product, multi-location public company that has been providing engineering solutions to customers around the world for the past many years.</p><div style="text-align: justify;"><br></div>
20-Feb-2024 Isgec Heavy Engineering informs about issuance of duplicate share certificate <p style="text-align: justify;">In compliance with the provisions of Regulation 39(3) and any other applicable regulation(s) of the Listing Regulations, Isgec Heavy Engineering has informed that share certificate has been reported to be lost from the shareholder, Surinder Paul Chugh (Folio No: S1180) and the holder has requested them to issue duplicate share certificate/ letter of confirmation. The letter issued by Register and Transfer Agent is enclosed. This intimation is also being disclosed on the website of the Company at www.isgec.com. Details of the share certificate are enclosed.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p>
14-Feb-2024 ISGEC Heavy Engineering informs about investor presentation <p style="text-align: justify;">ISGEC Heavy Engineering has informed that it enclosed Investor Presentation on financial performance of the Company for the quarter and nine months ended December 31, 2023</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p>
15-Nov-2023 Isgec Heavy Engineering gets nod for additional equity infusion in joint venture <p style="text-align: justify;">Isgec Heavy Engineering has received approval for additional equity infusion up to Rs.255 lakh in the equity capital of Isgec Titan Metal Fabricators, joint venture and subsidiary of the company, in order to meet the funds requirement for expansion of manufacturing facility. The said transaction is expected to be completed upto March 31, 2023.</p><p style="text-align: justify;">Isgec Titan will continue to be a joint venture and subsidiary of the company. Post allotment, percentage of shareholding of the company in Isgec Titan will remain the same i.e, 51%. The Board of Directors of the company at its Meeting held on November 14, 2023 has inter-alia, considered and approved the same.&nbsp;</p><p style="text-align: justify;">Isgec Heavy Engineering is a multi-product, multi-location public company that has been providing engineering solutions to customers around the world for the past many years.</p><div style="text-align: justify;"><br></div>
15-Nov-2023 Isgec Heavy Engineering surges on getting nod for additional equity infusion in joint venture <p style="text-align: justify;">ISGEC Heavy Engineering is currently trading at Rs. 792.45, up by 30.35 points or 3.98% from its previous closing of Rs. 762.10 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 788.05 and has touched a high and low of Rs. 805.10 and Rs. 788.25 respectively. So far 1470 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 830.70 on 11-Sep-2023 and a 52 week low of Rs. 418.25 on 28-Mar-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 805.10 and Rs. 730.00 respectively. The current market cap of the company is Rs. 5603.68 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 62.43%, while Institutions and Non-Institutions held 11.80% and 25.76% respectively.</p><p style="text-align: justify;">Isgec Heavy Engineering has received approval for additional equity infusion up to Rs.255 lakh in the equity capital of Isgec Titan Metal Fabricators, joint venture and subsidiary of the company, in order to meet the funds requirement for expansion of manufacturing facility. The said transaction is expected to be completed upto March 31, 2023.</p><p style="text-align: justify;">Isgec Titan will continue to be a joint venture and subsidiary of the company. Post allotment, percentage of shareholding of the company in Isgec Titan will remain the same i.e, 51%. The Board of Directors of the company at its Meeting held on November 14, 2023 has inter-alia, considered and approved the same.&nbsp;</p><p style="text-align: justify;">Isgec Heavy Engineering is a multi-product, multi-location public company that has been providing engineering solutions to customers around the world for the past many years.</p><div style="text-align: justify;"><br></div>
15-Nov-2023 Rail Vikas Nigam, Knowledge Marine and PTC Industries to see some action today <p style="text-align: justify;"><b>Rail Vikas Nigam</b> (RVNL) has received Letter of Acceptance (LOA) from Central Railway for Construction of 4 Nos. Tunnels (total Length 1.6km) with ballast less track, Earthwork in formation, Construction of Important Bridges (2nos), Major Bridges (1no), Minor Bridges (25nos), Supply of Stone ballast, Track linking, side drain retaining wall etc. from Km 831.8 to Km 841.9 in Dharakoh Maramjhiri section in connection with third line.</p><p style="text-align: justify;"><b>Knowledge Marine &amp; Engineering Works</b> has been awarded the Letter of Award (LoA) by the Mumbai Port Authority (MPT) for hiring of two nos. highly maneuverable Dock tugs for a contract valued at Rs 34.49 crore. The total tender amount including the fuel consumption stands at Rs 126.91 crore for a period of 7 years.</p><p style="text-align: justify;"><b>PTC Industries</b> has signed multi-year contract with Safran Aircraft Engines, the French global leader in aero engine design, development and manufacturing, to develop industrial cooperation for LEAP engines casting parts. Under the terms of the contract, PTC Industries will produce titanium-casting parts for Safran Aircraft Engines. This agreement reflects commitment to Indian Government ‘Make in India' policy. Safran Aircraft Engines' ambition is to develop a comprehensive aero engines ecosystem in India, strengthening its global supply-chain built for the LEAP production ramp-up.</p><p style="text-align: justify;"><b>PVR INOX</b> has launched 10 Screens across 2 new multiplexes with 6-Screens in Mumbai and 4-Screens in Bhubaneswar. The launch of these cinemas aligns with its strategy of screen roll in key markets targeting new demographics. The company consolidates its presence in Western India with 345 screens in 76 properties and 138 screens in 36 properties in Eastern India.</p><p style="text-align: justify;"><b>Manappuram Finance </b>has reported 36.91% rise in its consolidated net profit at Rs 560.65 crore for Q2FY24 as compared to Rs 409.49 crore for the same quarter in the previous year. Total income of the company increased by 26.83% at Rs 2,174.02 crore for Q2FY24 as compared to Rs 1,714.12 crore for the corresponding quarter previous year.</p><p style="text-align: justify;"><b>ISGEC Heavy Engineering</b> has repordly&nbsp;decided to infuse additional equity up to Rs 255 lakh in the equity capital of Isgec Titan Metal Fabricators, joint venture and subsidiary of the company.</p><p style="text-align: justify;"><b>IDFC First Bank</b> has received observation letter with 'no objection' from the National Stock Exchange of India, and observation letter with 'no adverse observations' from BSE with regards to its amalgamation with IDFC Limited and IDFC Financial Holding Company.</p>
17-Aug-2023 ISGEC Heavy Engineering informs about conference call transcript <div>ISGEC Heavy Engineering has informed that it enclosed Transcript of the conference call organized for Analysts and Investors with respect to the financial performance of the Company for the quarter ended June 30, 2023.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div>
14-Aug-2023 ISGEC Heavy Engineering soars on reporting over 2-fold jump in Q1 consolidated net profit <p style="text-align: justify;">ISGEC Heavy Engineering is currently trading at Rs. 749.80, up by 16.75 points or 2.28% from its previous closing of Rs. 733.05 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 736.05 and has touched a high and low of Rs. 752.30 and Rs. 722.30 respectively. So far 7471 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 764.05 on 10-Aug-2023 and a 52 week low of Rs. 418.25 on 28-Mar-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 764.05 and Rs. 711.00 respectively. The current market cap of the company is Rs. 5450.01 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 62.43%, while Institutions and Non-Institutions held 10.94% and 26.62% respectively.</p><p style="text-align: justify;">ISGEC Heavy Engineering has reported over 2-fold jump in its net profit at Rs 63.74 crore for the quarter ended June 30, 2023 as compared to Rs 30.09 crore for the same quarter in the previous year. Total income of the company increased by 15.97% at Rs 1,158.04 crore for Q1FY24 as compared Rs 998.53 crore for the corresponding quarter previous year.</p><p style="text-align: justify;">On consolidated basis, the company has reported over 2-fold jump in its net profit at Rs 52.53 crore for the first quarter ended June 30, 2023 as compared to Rs 18.03 crore for the same quarter in the previous year. Total income of the company increased by 11.88% at Rs 1,398.82 crore for Q1FY24 as compared Rs 1,250.26 crore for the corresponding quarter previous year.</p><div style="text-align: justify;"><br></div>