SIKA Interplant Systems Ltd updates on orders

The cumulative of new orders received by SIKA Interplant Systems Limited (SIKA) since the start of FY 2023-24 was Rs. 150.5 crores (approx.) as on 19th October 2023.

SIKA, a company focused on the Aerospace & Defence sector, has secured additional new orders for advanced engineering products and services amounting to Rs. 86 crores (approx.).

With these additional contracts, the cumulative of new orders received by SIKA Interplant Systems Limited (SIKA) over the last thirteen months is 236.5 crores (approx.) as on 30th April 2024.

Background:

SIKA's main lines of business comprise projects & systems integration; manufacturing solutions; and maintenance, repair & overhaul (MRO). SIKA is an AS 9100D, ISO 9001 and CEMILAC certified company-and also a qualified Indian Offset Partner with a licence for defence production from the Government of India-that provides advanced products and solutions to the Aerospace & Defence sector.

Shares of SIKA INTERPLANT SYSTEMS LTD. was last trading in BSE at Rs. 2079.35 as compared to the previous close of Rs. 1994.85. The total number of shares traded during the day was 8333 in over 605 trades.

The stock hit an intraday high of Rs. 2138.00 and intraday low of 2051.05. The net turnover during the day was Rs. 17380333.00.

Source : Equity Bulls

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