Allen Reinforced Plastics Ltd receives order from Bharat Dynamics Ltd

Allen Reinforced Plastics Limited (formerly Allen Reinforced Plastics Private Limited) ("Allen"), a step-down subsidiary of Jaykay Enterprises Limited, had earlier received a communication from Bharat Dynamics Limited, valued at approx. Rs. 15.90 Crores (including GST).

Out of the aforementioned Communication, an Ordervalued at approx. Rs. 6.74 Crores (including GST) has now been materialized into a definitive Order from Bharat Dynamics Limited.

The order is for Manufacture of Launcher Tubes.

Shares of JAYKAY ENTERPRISES LTD. was last trading in BSE at Rs. 214.65 as compared to the previous close of Rs. 212.85. The total number of shares traded during the day was 762958 in over 6121 trades.

The stock hit an intraday high of Rs. 223.85 and intraday low of 207.10. The net turnover during the day was Rs. 164409902.00.

Source : Equity Bulls

Keywords

JAYKAYENTERPRISES INE903A01025 AllenReinforcedPlastics OrderWin BharatDynamics