Dollex Industries secures US$ 6 Million Order

Dollex Industries Ltd has announced that the Company has bagged another prestigious order of US $ 6 million for IMFL from Africa. Under the contract the Company will supply 360 containers of Indian Made Foreign Liquor to its African buyer.

This order is part of a chain of consolidated orders received by the Company totaling US $ 16 million, easily achieving its target of 1200 containers for the year. Once successfully executed, the Company plans to enter into a JV with its buyer to secure long-term contracts in the future.

The stock was trading at Rs.125.35, down by Rs.4.55 or 3.50%. The stock hit an intraday high of Rs.138.40 and low of Rs.124.75. The total traded quantity was 377055 compared to 2 week average of 226594.

Source : Equity Bulls

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