Subros Ltd secures Rs. 27 crores order from Indian Railways

Subros Ltd has bagged a new order from Indian Railways for supply of cabin air-conditioning equipment in Diesel Electric Locomotive amounting to Rs. 27 crores (approx.) in a recently concluded tender. The company is already a supplier of Rail Driver Cabin & Coach Air-Conditioning System(s) to Indian Railways in line with its strategic direction to expand company's business in Railway Electric Mobility segment.

Shares of Subros Limited was last trading in BSE at Rs. 1065.95 as compared to the previous close of Rs. 1055.10. The total number of shares traded during the day was 9681 in over 651 trades.

The stock hit an intraday high of Rs. 1073.45 and intraday low of 1051.60. The net turnover during the day was Rs. 10266817.00.

Source : Equity Bulls

Keywords

Subros INE287B01021 OrderWin IndianRailways