Consulting services company bags new order worth Rs 1,04,64,000 from Qua Water Technologies Pvt Ltd

The stock is up by 26.2 per cent from its 52-week low of Rs 125.60 per share.

On Thursday, shares of Techknowgreen Solutions Ltd hit a 5 per cent upper circuit to Rs 158.55 per share from its previous closing of Rs 151 per share with a spurt in volume by more than 1.37 times on the BSE. The stock’s 52-week high is Rs 360 per share and its 52-week low is Rs 125.60 per share.

Techknowgreen Solutions Limited secured a domestic work order worth Rs 1,04,64,000 (excluding GST) from Qua Water Technologies Pvt Ltd. The order primarily involves consultancy charges for various approvals, including fire NOCs, building plan approvals, completion certificates, factory licenses, and consents to establish and operate. Payment terms are 100 per cent against invoice within 7-10 days.

Techknowgreen Solutions Ltd (TGSL), a leading environmental IT solutions provider, was established in 2001. With a strong focus on sustainability and regulatory compliance, TGSL offers a comprehensive range of services, including Environmental Impact Assessment, ESG and Climate Change consulting, Environmental Compliance management, Due Diligence assessments, DPR and Designing, and Environmental Crime Investigation. The company has successfully executed over 2,500 projects across various sectors, leveraging cutting-edge software applications and innovative technologies to address complex environmental challenges. TGSL's commitment to excellence is reflected in its ISO 9001-2015 certification and NABET accreditation.

The company has a market cap of Rs 115 crore and the order book stands at Rs 40 crore. The stock is up by 26.2 per cent from its 52-week low of Rs 125.60 per share. The shares of the company have an ROE of 37 per cent and an ROCE of 48 per cent.

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