Techno Electric and Engineering Co (Delisted)

Last announcements

The company's own last announcements before its shares stopped trading, routine notices left out.Share news and announcements

Aug 2018
- 9 Aug · Disclosure
  Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for J P Financial Services Pvt Ltd (opens in a new tab)
- 2 Aug · Updates
  Intent to place a proposal for buyback of shares (opens in a new tab)
- 2 Aug · Intent To Place Buyback Proposal
  Further to our intimation dated July 30, 2018 for Board Meeting on 10th August, 2018, the Company intent to place a proposal for buyback of shares before the Board for consideration. (opens in a new tab)
- 1 Aug · Suspension of Trading
  Members of the Exchange are hereby informed that the trading in Equity Shares of Techno Electric & Engineering Company Limited shall be suspended w.e.f. August 08, 2018 (i.e. closing hours of trading on August 07, 2018) on account of Scheme of Amalgamation of Techno Electric & Engineering Company Limited with Simran Wind Project Limited.
- 1 Aug · Business
  Simran Wind Project Limited ('Transferee Company') have fixed August 09, 2018 as the Revised 'Record Date' for the purpose of determining the members of the Techno Electric & Engineering .... (opens in a new tab)
Jul 2018
- 30 Jul · Corporate action
  Simran Wind Project Limited (Transferee Company) has fixed August 09, 2018 as the Record Date for the purpose of determining the members of the Company to whom Equity Shares of the Transferee Company will be issued and alloted in the ratio of 1:1, i.e. 1 equity share of Rs. 2/- each fully paid up for every 1 equity share of Rs. 2/- each fully paid up held in the Company, pursuant to Scheme of Amalgamation between Company with Transferee Company as sanctioned by the Hon'ble National Company Law Tribunal (NCLT) on July 20, 2018, (opens in a new tab)

Daily closes since Sep 2016, adjusted for splits and bonuses. Earlier closes are left out: on 6 Sep 2016 the price changed in a way no corporate action on record explains.

Daily close, ₹ per share

Buyback

Results

Standalone, as consolidated accounts are on record for only 3 of the last ten years; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Mar 2018, against the quarter before

Revenue: ₹328 Crup 19.08%
Net profit: ₹39 Crup 15.22%
Net margin: 11.7%

Revenue by year

Peak revenue ₹1,236 Cr, year to Mar 2017

Net profit by year, a loss in red

₹ crore	Jun 2016	Sep 2016	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018
Revenue	238	310	331	357	368	201	276	328
Net profit	27	45	31	43	42	18	33	39
Net margin	11.1%	14.5%	9.4%	12.0%	11.5%	8.9%	12.1%	11.7%

Standalone. The last eight quarters. The latest is shaded.

Where the return came from

Yearly rates to Mar 2018, per-share figures restated for splits and bonuses.

Over	Return a year	Earnings growth	Change in P/E	Dividend yield
1 year	−6.8%	−8.8%	+2.2%	0.0%

Longer windows are left empty: a corporate action or price step on 2016-09-06 that cannot be sized sits inside this window.

Techno Electric and Engineering Co share price by year

Each calendar year to 2018.

Year	Close at year end	Change	Highest close	Lowest close
2018	263.70	−36.0%	420.15	240.20
2017	411.85	+36.8%	432.75	303.10
2016	301.10	–	332.50	291.80

₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2016 is from its first session, 6 Sep 2016. The 2018 close is its last trade, on 7 Aug 2018.

Recent sessions

The last 10 trading days to 7 Aug 2018, as traded on BSE.

Date	Open	High	Low	Close	Average price	Volume
7 Aug 2018	286.85	286.85	256.35	263.70	277.71	20,16,121
6 Aug 2018	285.00	289.95	277.45	284.80	284.31	58,192
3 Aug 2018	292.00	298.00	282.00	285.00	289.40	1,08,214
2 Aug 2018	276.45	283.70	267.95	278.60	278.82	54,126
1 Aug 2018	281.05	285.70	274.50	276.00	283.11	42,656
31 Jul 2018	274.00	318.95	260.50	284.70	282.21	1,20,544
30 Jul 2018	274.00	275.05	265.80	272.95	270.21	31,298
27 Jul 2018	249.65	291.60	245.00	278.90	273.34	92,241
26 Jul 2018	238.55	247.90	238.55	246.00	240.90	80,581
25 Jul 2018	247.90	252.40	238.70	240.90	247.11	45,836

Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Buyback history

Ex-date	Event	Price factor	What happened
6 Sep 2016	Price move	–	Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown.

Where an event has no factor that can be worked out, the chart leaves out the closes before it.

Company details

Legal name: Techno Electric and Engineering Co Ltd
BSE code: 533281
ISIN: INE286K01024
Listed: Nov 2010
Face value: ₹2
Former symbols: TECHNO
Website: www.techno.co.in (opens in a new tab)
CIN: L40108UP2005PLC094304; Corporate identity number, the registrar of companies' code for it