BGR Energy Systems gained 2.09% to Rs 305 at 9:55 IST on BSE after the company said it bagged a Rs 39.60 crore order for supply air fin coolers to Essar group's refinery expansion project at Jamnagar in Gujarat.
In June 2008, BGR Energy Systems’ oil & gas division bagged a contract worth $9.29 million for manufacture of 70 oil product storage tanks for Aumara oil products depot in Iraq.
BGR Energy Systems’ net profit rose 17.4% to Rs 17.23 crore on 32% growth in net sales to Rs 306.83 crore in Q1 June 2008 over Q1 June 2007.
BGR Energy Systems is a supplier of systems and equipment for the power, oil and gas, petrochemical and process industries.
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