Eimco Elecon India Limited updates on order size reduction

Eimco Elecon (India) Limited had received orders worth of INR 53.61 Crores (excluding GST) from JMS Mining Private Limited for Manufacturing and Supply of Coal Mining Equipment. The said information was intimated to the Stock Exchange vide our letters dated 13th October, 2023 and 31st October, 2023 respectively.

JMS Mining Private Limited has decided to reduce the awarded orders by INR 23.18 Crore (excluding GST) by reducing the deliveries pertaining to FY2025-26.

Shares of Eimco Elecon (India) Limited was last trading in BSE at Rs. 3251.00 as compared to the previous close of Rs. 3225.85. The total number of shares traded during the day was 833 in over 59 trades.

The stock hit an intraday high of Rs. 3324.95 and intraday low of 3116.00. The net turnover during the day was Rs. 2680919.00.

Source : Equity Bulls

Keywords

EimcoEleconIndia INE158B01016 OrderReduction JMSMining