Stone India receives order from Indian Railways

Stone India Ltd has announced that the Company has received an initial development order for supply of 5 sets of 180 KVA Static converter for Locomotive application to Indian Railways.

This is a high value solid state product to be supplied under collaboration with SMA Technologie AG, Germany.

The stock was trading at Rs.189.85, up by Rs.11.55 or 6.48%. The stock hit an intraday high of Rs.199.85 and low of Rs.180. The total traded quantity was 83904 compared to 2 week average of 13579.

Source : Equity Bulls

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