BMW Ventures Secures Rs 15.91 Cr Steel Fabrication Order

BMW Ventures Limited has won a significant order worth INR 15.91 Crore (including taxes) for the supply, fabrication, delivery, and erection of fabricated steel structures through its Fabricated Steel Manufacturing Division. The domestic commercial contract features favorable payment terms: 50% advance on fabrication costs, 40% before dispatch, and 10% post-erection of dispatched structures.

The project must be completed within 9 months from the Purchase Order date. Due to confidentiality agreements, the customer name remains undisclosed.

Shares of BMW Ventures Limited was last trading in BSE at Rs. 57.35 as compared to the previous close of Rs. 57.62. The total number of shares traded during the day was 15828 in over 98 trades.

The stock hit an intraday high of Rs. 57.76 and intraday low of 56.20. The net turnover during the day was Rs. 906155.00.

Source : Equity Bulls

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