Stock Report

Indrayani Biotech Ltd delivers Two Boiler Shell profile for T-Special train



Posted On : 2022-11-01 18:11:14( TIMEZONE : IST )

Indrayani Biotech Ltd delivers Two Boiler Shell profile for T-Special train

Southern Railway has embarked on a journey to manufacture T-Special Trains (MEMU as steam locomotive) powered by steam engines.

Indrayani Biotech Limited (IBL) had acquired the capacity to design, manufacture and supply of Industrial boilers along with pressure parts and components complying with Indian Boilers Act - 1923 (IBA 1923), Indian Boiler Regulations - 1950 (IBR 1950) with all its amendments, under the brand "IBL MATRIX" through its joint venture partner Matrix Boilers Private Limited, Trichy.

Southern Railways has empanelled Indrayani Biotech Limited (IBL) for design, manufacture and supply of Industrial Boilers.

The first set of two boiler shell profile for T-Special train (MEMU as steam locomotive) has been fabricated and delivered to Golden Rock Workshop on 30.10.2022 to be incorporated in the above, by Southern Railway in its EMU Car Shed, Avadi, Chennai.

Shares of INDRAYANI BIOTECH LTD. was last trading in BSE at Rs. 84.05 as compared to the previous close of Rs. 80.50. The total number of shares traded during the day was 38078 in over 197 trades.

The stock hit an intraday high of Rs. 84.50 and intraday low of 80.00. The net turnover during the day was Rs. 3161116.00.

Source : Equity Bulls

Keywords

INDRAYANIBIOTECH INE007C01021 IndustrialBoilers Delivery