S&S Power Switchgear Ltd's subsidiary receives LOI for order from Egypt

S&S Power Switchgear Ltd's wholly owned subsidiary M/s. Hamilton Research & Technology Private Limited (HART), has received the Letter of Intent (LOI) from Giza Systems Free Zone, Egypt. The contract is for the supply of a state-of-the-art Pot Control System, along with associated technology, to support Aluminium Smelter operations.

Key Highlights:

- The order, valued at over ₹30 Crores, marks one of the largest international contracts awarded to HART.

- Implementation will commence within the current financial year, with project completion targeted over the next 36 months.

Shares of S&S Power Switchgears Limited was last trading in BSE at Rs. 352.00 as compared to the previous close of Rs. 344.55. The total number of shares traded during the day was 620 in over 52 trades.

The stock hit an intraday high of Rs. 378.00 and intraday low of 351.85. The net turnover during the day was Rs. 225487.00.

Source : Equity Bulls

Keywords

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