Generic Engineering Construction and Projects Limited receives work order worth Rs 41.37 Crs.
Posted On: 2021-02-23 02:30:27 (Time Zone: Arizona, USA)
Generic Engineering Construction and Projects Limited ( Generic ), has been awarded with new work worth Rs 41.37 Crs (plus GST) from existing reputed client. The project is for Civil works (Industrial & commercial Segment) from Reliance Life Sciences Pvt Ltd for material center and Corporate office worth Rs 41.37 crs (plus GST) in Navi Mumbai s Rabale Location.
On the same, Mr. Manish Patel, Managing Director said, We are pleased with these new order win. We feel proud of being selected on the basis of strengths of our technical and financial bids. It is our continuous endeavour to add more orders are confident on the growing execution capabilities of the company throughout PAN India.
Generic Engineering wins order worth Rs 41 37 cr from Reliance Life Sciences
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Generic Engineering Construction now listed on NSE
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Mumbai (Maharashtra) [India], February 18 (ANI/NewsVoir): BSE and NSE listed Construction giant, Generic Engineering Construction and Projects Ltd. (539407), w.e.f. 16th February 2021 amidst a select gathering got listed on The National Stock Exchange (NSE) with bell ringing ceremony.
Listing on NSE will benefit the company as it will lead to increased liquidity and trade volumes. . The company has recently bagged new work orders from various institutional projects and various leading international and Indian Corporates. With receipt of above, the total current outstanding order book as on December 2020 stands at Rs 1166.41 Crore. The company s credit rating was upgraded from BBB-Stable to BBB Stable by Care Ratings and is sustained maintaining the same in this difficult COVID-19 phase.