BMW Industries Ltd receives order from Tata Steel Ltd

BMW Industries Ltd has received a work order from Tata Steel Limited for "Processing and Conversion of Coils" at our Jamshedpur works for a period up to 31.03.2029 for an amounting Rs. 1,764 Crores/- (Rupees One Thousand Seven Hundred Sixty-Four Crores approx.)

This work order is in the ordinary course of business and is expected to contribute to the revenue of the Company over the tenure of the contract.

Shares of BMW Industries Ltd was last trading in BSE at Rs. 53.92 as compared to the previous close of Rs. 46.07. The total number of shares traded during the day was 1792092 in over 3682 trades.

The stock hit an intraday high of Rs. 55.28 and intraday low of 46.58. The net turnover during the day was Rs. 96389044.00.

Source : Equity Bulls

Keywords

BMWIndustries INE374E01021 OrderWin TataSteel