The Supreme Industries Ltd receives LOA for supply of Composite Cylinders

The Supreme Industries Ltd has received Letter of Acceptance (LOA) from INDIAN OIL CORPORATION LIMITED (IOCL) against our offer through Tender, for supply of approximately 231035 number of 10.0 Kg Composite Cylinders. The total supply is expected to be valued at around Rs.55 crores approx.

The Contract shall be valid for a period of 12 months from the date Of placement of LOA. However, the same may be extended and/or repeated at sole discretion of locL for a further eriod of u to 12 months.

Shares of Supreme Industries Limited was last trading in BSE at Rs. 5767.60 as compared to the previous close of Rs. 5892.25. The total number of shares traded during the day was 4083 in over 1281 trades.

The stock hit an intraday high of Rs. 5937.75 and intraday low of 5752.45. The net turnover during the day was Rs. 23705007.00.

Source : Equity Bulls

Keywords

SupremeIndustries INE195A01028 LOA CompositeCylinders IndianOilCorporation