52-Week Low Alert & Rs 930 Crore Order Book: Solar Company Receives Order Worth Rs 20,20,20,202 From Bundelkhand Saur Urja Ltd

The company has a market cap of Rs 187.25 crore and the company’s order book exceeds Rs 930 crore.

Teerth Gopicon Limited (TGL) has received a significant Letter of Acceptance (LOA) from Bundelkhand Saur Urja Limited, a joint venture of NHPC Limited & UPNEDA. This domestic contract, valued at Rs 20,20,20,202, is for "Package-1" of the 600 MW (Phase-I) Solar power park project, which involves boundary survey and marking, gate and chain link fencing, and compound wall construction around the periphery of the park. The project is situated at Gram Samooh mai, Tehsil: Madhogarh, District Jalaun, Uttar Pradesh, and is part of the larger 1200 MW solar power park development under UMPPRE. TGL is required to execute and deliver the work within 350 days from the date of the LOA, adhering to the terms and conditions outlined in the tender documents.

About the Company

Teerth Gopicon Ltd., established in 2019, is a certified all-class civil and electrical contractor specialising in engineering, construction and development. The company primarily focuses on infrastructure projects, particularly roads, sewerage and water distribution systems, in Madhya Pradesh, with a growing presence in other states. TGL has a strong track record of executing projects for both government and private sector clients, offering comprehensive EPC services including detailed engineering, procurement, construction and operation & maintenance.

On Wednesday, shares of Teerth Gopicon Limited hit a 5 per cent lower circuit to Rs 156.05 per share from its previous closing of Rs 164.25 per share. The stock’s 52-week high is Rs 774 per share and it made a new 52-week low of Rs 156.05 per share. The company has a market cap of Rs 187.25 crore and the company’s order book exceeds Rs 930 crore.

Disclaimer: The article is for informational purposes only and not investment advice.