Modern Insulators Limited approves formation JV with Sikka Engineering Company for Railway EPC tender

The Board of Directors of Modern Insulators Limited in their Meeting held on 9th July, 2020 has approved to form the Joint Venture with Sikka Engineering Company and simultaneously has entered into a Joint Venture Agreement with Sikka Engineering Company, a partnership firm with an objective to participate in Railway EPC Tender for Railway Electrification Work.

Shares of MODERN INSULATORS LTD. was last trading in BSE at Rs.4.21 as compared to the previous close of Rs. 4.01. The total number of shares traded during the day was 1 in over 1 trades.

The stock hit an intraday high of Rs. 4.21 and intraday low of 4.21. The net turnover during the day was Rs. 4.

Source : Equity Bulls

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