Stock Report

CWD Ltd secures 3rd customer in Three Months for Sound Boxes



Posted On : 2024-04-29 22:40:26( TIMEZONE : IST )

CWD Ltd secures 3rd customer in Three Months for Sound Boxes

CWD Limited, a leading player in the electronics industry, proudly announces the receipt of a Payment Order valued at over INR 9 crores with a potential to grow 3 to 5 fold over the next two years for the supply of Sound Boxes from a leading FinTech Service Company.

The new order follows the company's previous announcement of a Rs. 23 crore order for our design, development and manufacturing services for our Sound Box product line.

"We are honoured to see the continued trust and confidence of prominent industry players in CWD Limited as a one stop solution company for Sound Boxes. With export opportunities on the horizon, we expect the current order to increase by at least 3 to 5 times over the next two years. As demand continues to grow, we look fonrward to not only strengthening our foothold but also launching new innovating products in the fintech space.", said Siddhartha Xavier, CSO and Joint MD of CWD Limited.

CWD LIMITED remains dedicated to providing top-notch solutions that meet the evolving needs of our clients. As we celebrate this milestone, we look fonrward to continuing our journey of innovation, growth, and delivering value to our esteemed clientele.

Shares of CWD Limited was last trading in BSE at Rs. 785.25 as compared to the previous close of Rs. 780.00. The total number of shares traded during the day was 3400 in over 28 trades.

The stock hit an intraday high of Rs. 875.00 and intraday low of 756.00. The net turnover during the day was Rs. 2645880.00.

Source : Equity Bulls

Keywords

INE0H8H01019 CWD ConsumerElectronics OrderWin SoundBoxes