Penny stock under Rs 75 jumps 19.92 per cent as company bags new orders of Rs 113.85 crore from Directorate Medical Education and Research

Kiran Shroff
/ Categories: Trending, Penny Stocks
Penny stock under Rs 75 jumps 19.92 per cent as company bags new orders of Rs 113.85 crore from Directorate Medical Education and Research

At the closing bell, shares of the company were trading at Rs 65.25 per share, up 8.75 per cent.

On Thursday, shares of Aprameya Engineering Ltd gained 19.91 per cent to Rs 71.95 per share from its previous closing of Rs 60 per share. At the closing bell, shares of the company were trading at Rs 65.25 per share, up 8.75 per cent.

Aprameya Engineering Ltd. has received a significant boost with new orders totaling Rs. 113.85 crore from the Directorate Medical Education and Research in Maharashtra. These orders consist of two key components for improving medical facilities across the state.

The first order, valued at Rs 84 crore involves supplying six Mobile CT – OmniTom Elite units on a turnkey basis to prominent government medical colleges. These mobile scanners offer a flexible and portable solution for critical care, trauma, and other situations where immediate imaging is crucial.

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The second order, worth Rs 29.85 crore is for a Modular OT Complex (4+2 OT) on a turnkey basis. This likely refers to the construction and equipping of a surgical suite with four fully functional operating rooms and two additional rooms for preparation or recovery. Both orders are expected to be completed within 32 weeks of receiving the handover of the respective sites.

About the Company

Incorporated in September 2003, Aprameya Engineering Limited specializes in installing and maintaining Intensive Care Units (ICU), Neonatal Intensive Care Units (NICU), Pediatric Intensive Care Units (PICU), Operation Theatres, and prefabricated structure wards in hospitals and medical care centres. The company has a market cap of Rs 124.24 crore.

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

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