30 Nov 2023

EP Biocomposites zooms on bagging order worth Rs 72.27 lakh

EP Biocomposites is currently trading at Rs. 203.95, up by 11.95 points or 6.22% from its previous closing of Rs. 192.00 on the BSE.

The scrip opened at Rs. 193.50 and has touched a high and low of Rs. 203.95 and Rs. 191.15 respectively. So far 9000 shares were traded on the counter.

The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 264.00 on 13-Feb-2023 and a 52 week low of Rs. 162.55 on 01-Feb-2023.

Last one week high and low of the scrip stood at Rs. 226.00 and Rs. 183.00 respectively. The current market cap of the company is Rs. 34.29 crore.

The promoters holding in the company stood at 70.08%, while Institutions and Non-Institutions held 2.20% and 27.72% respectively.

EP Biocomposites has received an order for design, supply, installation, testing and commissioning of sewage treatment plant (STP) of 100 KLD capacity (MBR based) including civil and electrification work with all necessary utilities from Oil and Natural Gas Corporation.

The order value is Rs 72.27 lakh. The prestigious order represents around 10% of the entire turnover from the previous financial year 2022-23 and is proposed to be completed within financial year 2023-24. 

EP Biocomposites is the manufacturer and supplier of fibre reinforced polymers (FRP) products such as door shutters, frames, Biodigestor Tanks, Bio toilets and allied products for construction and Industrial applications which meets customer requirements.