Skipper wins fresh orders worth Rs.1135 Crores from Domestic & International Market

Skipper Limited (BSE: 538562) and NSE (Symbol: SKIPPER), is one of the world's leading manufacturers for Power Transmission & Distribution structures and a prominent manufacturer of Telecom and Railway structures. The company in an announcement today shared its recent accomplishment of securing cumulative orders wins totaling an impressive Rs.1135 Crores for Design, supply and construction of new Transmission line projects for Powergrid Corporation as well as Tower and Pole export supplies to Latin America, Middle East and North Africa region.

Commenting on the release Mr. Sharan Bansal, Director Skipper Limited said - I am delighted to share that our Engineering and Infrastructure division has bagged fresh new orders worth Rs.1100/- + crores. These orders are for Design, Supply and construction of new Transmission line projects for Powergrid Corporation of India Limited as well as Tower and Pole export supplies to Latin America, Middle East and North Africa region. These orders serve as a resounding testament to our unwavering expertise and commitment to delivering exceptional services in the Power T&D industry. These order wins also reinforces our position as a trusted global Power T&D player, providing innovative solutions and contributing to the development of critical infrastructure worldwide.

Shares of Skipper Limited was last trading in BSE at Rs. 138.00 as compared to the previous close of Rs. 138.20. The total number of shares traded during the day was 17155 in over 579 trades.

The stock hit an intraday high of Rs. 141.55 and intraday low of 135.65. The net turnover during the day was Rs. 2383017.00.

Source : Equity Bulls

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