Innovators Facade Systems moves up on getting LoA worth Rs 28.17 crore

Innovators Facade Systems is currently trading at Rs. 83.98, up by 0.62 points or 0.74% from its previous closing of Rs. 83.98 on the BSE.

The scrip opened at Rs. 84.00 and has touched a high and low of Rs. 84.00 and Rs. 82.00 respectively. So far 30400 shares were traded on the counter.

The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 114.00 on 25-Jan-2023 and a 52 week low of Rs. 50.00 on 19-Jul-2022.

Last one week high and low of the scrip stood at Rs. 88.99 and Rs. 80.80 respectively. The current market cap of the company is Rs. 158.45 crore.

The promoters holding in the company stood at 63.71%, while Institutions and Non-Institutions held 0.04% and 36.25% respectively.

Innovators Facade Systems has received Letter of Award (LoA) for work order approximately Rs 28.17 crore for Providing & Fixing of Glazing & ACP Cladding Work for ‘Full Tower – HSBC Plot – Artesia MDP – Worli’ from K. Raheja.

Innovators Facade Systems is engaged in designing, engineering, fabrication and installation of façade systems. It offers various range of products to meet the demands of their customers. Its product basket ranges from glazing/curtain walls, high end doors & windows, skylights, stone cladding, roofing etc.

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