Pritika Group announces the start of commercial production of New Components

Pritika Group, one of the North India based leading manufacturers of precision machined components for the tractor and Heavy Commercial Vehicles in India, is pleased to announce the start of commercial production of the ordered components from a leading multinational Tractor Manufacturer in India after successful completion of inspection and trials at the customer end. The components include -

1. Intermediate Housing
2. Axle Housing

The total business value of the above said component will be approximately Rs.11.00 Crores per annum. At the same time, these orders have a long term visibility spanning to over next four to five years.

Shares of Pritika Auto Industries Ltd was last trading in BSE at Rs. 26.46 as compared to the previous close of Rs. 26.41. The total number of shares traded during the day was 126208 in over 751 trades.

The stock hit an intraday high of Rs. 26.89 and intraday low of 26.30. The net turnover during the day was Rs. 3344956.00.

Source : Equity Bulls

Keywords

PritikaAutoIndustries INE583R01029 Commercialproduction AxleHousing IntermediateHousing