Kranti Industries Ltd updates on order from Carraro India Ltd

Kranti Industries Ltd has received clearance from its customer, Carraro India Limited, to commence series production for the parts developed for the CL2 and CL3 Projects. This approval is expected to generate an estimated annual business valued at approximately ₹1,00,00,000 (Rupees One Crore Only).

A proposed Purchase Order (PO) will be issued, which will include the specific terms and conditions.

Shares of Kranti Industries Ltd was last trading in BSE at Rs. 71.51 as compared to the previous close of Rs. 72.56. The total number of shares traded during the day was 4368 in over 80 trades.

The stock hit an intraday high of Rs. 74.85 and intraday low of 71.18. The net turnover during the day was Rs. 317369.00.

Source : Equity Bulls

Keywords

KrantiIndustries INE911T01010 CarraroIndia OrderUpdate