Neetu Yoshi Ltd receives approval for registration from RDSO

NEETU YOSHI LIMITED has received the Letter from Research Designs and Standards Organisation (RDSO), Ministry of Railways approving the Company's request for fresh registration.

As per the communication issued by RDSO, the Company has been included in the RDSO Vendor Directory for the Silico-Manganese & Manganese Steel Liners & Wear Plates for Bogie and Couplers.

This registration enables the Company to participate in procurement processes, tenders and supply programs floated by RDSO-approved railway production units and zonal railways for the abovementioned item.

At present, the Company has been placed in the Developmental Vendor Category, and supplies will commence in accordance with RDSO norms, tender participation, and subsequent performance assessments. The Company believes that this approval represents a significant step forward in strengthening its presence in the railway component manufacturing segment.

Shares of Neetu Yoshi Limited was last trading in BSE at Rs. 116.95 as compared to the previous close of Rs. 110.40. The total number of shares traded during the day was 90400 in over 101 trades.

The stock hit an intraday high of Rs. 117.40 and intraday low of 106.50. The net turnover during the day was Rs. 10209440.00.

Source : Equity Bulls

Keywords

NeetuYoshi INE0UZO01024 Castings Forgings RDSO Approval Registration