Subros Ltd bags new order from Indian Railways for Coach Air-conditioners

SUBROS LIMITED has bagged a new order from Indian Railways for supply and commissioning of Coach Roof Mounted Air-Conditioners amounting to Rs. 25 Crores (approx.) in a recently concluded Tender.

The Company is already a supplier of Rail Driver Cabin Air Conditioning System to Indian Railways and the focus on Coach Air-conditioners is in line with its strategic direction to expand Company's business in Railway Electric Mobility Segment.

Shares of Subros Limited was last trading in BSE at Rs. 450.70 as compared to the previous close of Rs. 444.65. The total number of shares traded during the day was 47316 in over 1937 trades.

The stock hit an intraday high of Rs. 451.80 and intraday low of 443.10. The net turnover during the day was Rs. 21242158.00.

Source : Equity Bulls

Keywords

Subros INE287B01021 IndianRailways OrderWin CoachAirConditioners