Onix Solar Energy Ltd receives LoI from Vikran Engineering Ltd worth Rs. 148.80 crores

Onix Solar Energy Limited (Formerly ABC Gas International Limited) has received "Letter of Intent" from M/s Vikran Engineering Limited for supply of "NON DCR TOPCON 620 WP Solar Module". The order value is Rs. 148.80 Crore excluding GST.

The Letter of Intent is received for design, manufacture, factory acceptance and supply of 193550 number of "Non DCR Topcon 620 Wp Solar Module" for Vikran - Projects.

Shares of Onix Solar Energy LTD. was last trading in BSE at Rs. 249.25 as compared to the previous close of Rs. 237.40. The total number of shares traded during the day was 2737 in over 13 trades.

The stock hit an intraday high of Rs. 249.25 and intraday low of 249.25. The net turnover during the day was Rs. 682197.00.

Source : Equity Bulls

Keywords

OnixSolarEnergy INE173M01012 OrderWin LoI VikranEngineering