RACL Geartech Ltd gets new order from overseas customer

RACL Geartech Limited has announced that we have received a nomination from an overseas customer in Germany for supply of gears for pedal assisted electric bicycles gear boxes. The subject technology is a patented project by our German customer. It is also to be announced that we are developing this project at our existing unit in Noida from where it will be our first export order. The project activities are under advanced stage of execution.

Shares of RACL Geartech Ltd was last trading in BSE at Rs. 1227.25 as compared to the previous close of Rs. 1225.55. The total number of shares traded during the day was 3295 in over 298 trades.

The stock hit an intraday high of Rs. 1237.95 and intraday low of 1210.05. The net turnover during the day was Rs. 4049529.00.

Source : Equity Bulls

Keywords

RACLGeartech INE704B01017 OrderWin Germany