Calcom Vision Limited ties up with Polycab India Ltd

Calcom Vision Limited has tied up with POLYCAB INDIA LIMITED as one of the privileged customer to supply all types of LED products. Polycab is one of the largest manufacturers of wires and cables in India and a prominent player in the Fast Moving Electrical Goods ("FMEG") having around 24% of market share.

It is one of the world's most valuable brands having Global presence. The company has also received the first order from them for certain lighting products.

The tie-up with Polycab will result in mutual growth for both the Companies.

The Initial order is little over Rs. 25 Lacs and further the supplies are expected to grow to over Rs. 22 to 24 Cr per annum.

Shares of CALCOM VISION LTD. was last trading in BSE at Rs. 150.25 as compared to the previous close of Rs. 141.45. The total number of shares traded during the day was 70092 in over 718 trades.

The stock hit an intraday high of Rs. 165.00 and intraday low of 145.10. The net turnover during the day was Rs. 10838644.00.

Source : Equity Bulls

Keywords

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