Kalyani Strategic Systems Limited secures order for supply of Artillery Guns

Kalyani Strategic Systems Limited, a wholly-owned subsidiary of Bharat Forge Limited, has been awarded an export order for a 155mm Artillery Gun platform to be executed over a 3-year timeframe. The total value of the order is USD 155.50 Mln.

This order, to a non-conflict zone, is a great testament to the Government of India's AatmaNirbhar Bharat agenda and its sustained push to promote exports of Indigenously Designed Developed and Manufactured (IDDM) advanced defence platforms from India.

Shares of Bharat Forge Limited was last trading in BSE at Rs. 878.60 as compared to the previous close of Rs. 875.60. The total number of shares traded during the day was 96226 in over 4254 trades.

The stock hit an intraday high of Rs. 890.00 and intraday low of 872.60. The net turnover during the day was Rs. 84727068.00.

Source : Equity Bulls

Keywords

INE465A01025 KalyaniStrategicSystems BharatForge ExportOrder OrderWin 155mmArtilleryGunPlatform