GEI Industrial secures export order worth Rs 350 million

GEI Industrial Systems Ltd has announced that the Company, formerly known as GEI Hamon Industries Ltd has recently bagged export order worth Rs 350 million from Solar Turbine Inc., USA for supply of Process Gas Coolers and Lube Oil Coolers for Compressor Package for Oman Gas Company, Oman. This package includes high pressure compressor coolers and engine lube oil coolers.

The stock was trading at Rs.69, up by Rs.2.45 or 3.68%. The stock hit an intraday high of Rs.72 and low of Rs.66.85. The total traded quantity was 108120 compared to 2 week average of 72426.

Source : Equity Bulls

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