K&R Rail Engineering Limited signs MOU with UNECO Co. Ltd.

K&R Rail Engineering Limited has signed an MOU with M/s. UNECO Co., Ltd., having office at 149, 11th Floor, Gasan digital 1-ro, Geumcheon-gu, Seoul, Korea on 30/10/2023 for setting up Composite Sleeper Plant in India to service Indian Railways, DFCC/METRO's, PSU and PrivateCorporations. The estimated cost of the Project is around Rs.400 Crores and will beestablished at Nagarnar near NMDC Steel Plant in Madhya Pradesh.

Shares of K&R Rail Engineering Ltd was last trading in BSE at Rs. 538.45 as compared to the previous close of Rs. 541.65. The total number of shares traded during the day was 24331 in over 221 trades.

The stock hit an intraday high of Rs. 550.00 and intraday low of 536.05. The net turnover during the day was Rs. 13185839.00.

Source : Equity Bulls

Keywords

KandRRailEngineering INE078T01026 MOU UNECO