Kranti Industries Ltd receives orders from Armoured Vehicles Nigam Ltd

Kranti Industries Limited has received 12 Purchase Orders from a new customer, Armoured Vehicles Nigam Limited - Machine Tool Prototype Factory (AVNL-MTPF), a Defence Public Sector Undertaking (DPSU) under the Ministry of Defence. These orders collectively mark the Company's first entry into the Defence manufacturing segment and represent a significant strategic milestone in our diversification roadmap.

This development marks Kranti's maiden entry into the Defence and Public Sector Unit ecosystem, strengthening long-term opportunities in high-value, critical precision engineering segments. The orders reflect the confidence of Defence sector entities in the Company's technical capabilities and quality systems, further supporting our diversification into highmargin precision engineering applications.

The order value is approx ₹47,00,000/- (Rupees Forty-Seven Lakhs only)

Shares of Kranti Industries Ltd was last trading in BSE at Rs. 85.33 as compared to the previous close of Rs. 83.00. The total number of shares traded during the day was 3125 in over 52 trades.

The stock hit an intraday high of Rs. 87.00 and intraday low of 83.10. The net turnover during the day was Rs. 268813.00.

Source : Equity Bulls

Keywords

KrantiIndustries INE911T01010 Defence OrderWin ArmouredVehiclesNigam