Cosmic CRF Secures Rs 32.54 Cr Railway Orders

Cosmic CRF Limited received purchase orders worth Rs 3,254.05 lakhs (inclusive of GST) from multiple Indian Railway divisions for wagon components.

Order Breakdown

Northern Railway: Rs 1,178.77 lakhs (12 CRF sets for BOXNHL wagons, 4 months) + Rs 456.37 lakhs (13,744 body side stanchions, 6 months) + Rs 283.98 lakhs (379 centre sill CRF sections for BVCM wagons, 4 months)

Southern Railway: Rs 574.19 lakhs (end stanchions, side top coping, body side stanchions for BOX/BOXNHL, 5 months) + Rs 286.10 lakhs (280 fabricated centre sills, 5 months)

North Central Railway: Rs 232.46 lakhs (100 body side arrangements for IBOXNHL, 5 months)

Eastern Railway: Rs 242.18 lakhs (5,562 doorway stiffener crossbars for BOXNHL, 4 months)

The domestic supply contracts are to be fulfilled within 4-6 months.

Shares of Cosmic CRF Limited was last trading in BSE at Rs. 621.60 as compared to the previous close of Rs. 609.70. The total number of shares traded during the day was 25200 in over 197 trades.

The stock hit an intraday high of Rs. 648.90 and intraday low of 615.00. The net turnover during the day was Rs. 15838010.00.

Source : Equity Bulls

Keywords

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