ANG Auto Granted US Patent for Automatic Slack Adjuster

ANG Auto Ltd has announced that Patent No. US 7,198,138 B2 has been granted to the Company for the Automatic Slack Adjuster, by United State Patent & Trade Mark Office, based on the Company's application filed in the year 2004.

The Patent shall present the Company a greater access to various OEM Customers in the US and the European markets.

This grant of Patent makes the Company, one of the very few Companies in the world, with, a Patented Auto Slack. The Automatic Slack Adjuster was developed and engineered by ANG's in-house Technical Team.

The stock closed the day at Rs.285.50, up by Rs. 0.70 or 0.25%. The stock hit an intraday high of Rs.297.40 and low of Rs.275. The total traded quantity was 7754 shares compared to 2 week average of 19209.

Source : Equity Bulls

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