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Taylormade Renewables Receives Multiple Orders; Shares Locked on 5% Upper Circuit

Shares of Taylormade Renewables were locked in the 5% upper circuit to hit a 52-week high.

Upon receiving multiple orders, the shares of Taylormade Renewables were locked in the 5% upper circuit to hit a 52-week high.

The company has received a new work order for Rs 113.59 crore from Nagarjuna Enclave, Madeena Guda, Hyderabad, Telangana, for the public health & municipal engineering department, government of Andhra Pradesh to remodel the existing water supply distribution pipeline and construction of ELSRs (4 Nos) with full SCADA including restoration of roads in Proddatur Municipality.

Taylormade Renewables has received a new work order from the public health & municipal engineering department, government of Andhra Pradesh, for providing a stormwater drainage network, improvement of outfalls & construction of a sewage treatment plant (STP) & WTP in Proddatur Municipality worth Rs 159.22 crore. The order is to be completed in 24 months from the date of the agreement.

The company has also received a work order from Maharashtra Enviro Power Limited, Rajangaon, Maharashtra, for the supply, installation, erection and commissioning of the TRL RAIN patented technology plant – 100 KLD evaporation system worth Rs 3.33 crore. This work order is to be completed within 7-8 months.

At 3:30 pm, the shares of Taylormade Renewables were locked at a 5% upper circuit of Rs 563.45 on BSE.

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