Uniparts Olsen Inc bags order of $1.2 Mn from Doosan Bobcat North America Inc

Uniparts Olsen Inc. (a wholly owned subsidiary company of Uniparts India Limited, registered in United States of America) has been awarded an order of USD 1.2 million from Doosan Bobcat North America Inc. on January 17, 2024, for supply of construction equipment parts in the normal course of business. The award is subject to execution of the Purchase Order.

The order is expected to increase up to 5 million USD in the next 5 years.

The parts will be manufactured by the Company units based out of India and will be delivered to Uniparts Olsen Inc. (A wholly owned subsidiary of the Company) for further sale to Doosan Bobcat North America Inc.

Shares of Uniparts India Limited was last trading in BSE at Rs. 581.65 as compared to the previous close of Rs. 579.35. The total number of shares traded during the day was 9126 in over 766 trades.

The stock hit an intraday high of Rs. 588.00 and intraday low of 566.50. The net turnover during the day was Rs. 5231666.00.

Source : Equity Bulls

Keywords

UnipartsIndia INE244O01017 IndustrialProducts UnipartsOlsen OrderWin DoosanBobcatNorthAmerica