Cosmic CRF Secures Rs 34.64 Cr Orders

Cosmic CRF Limited received purchase orders worth Rs 3,463.95 lakhs (inclusive of GST) from infrastructure companies and multiple Indian Railway divisions.

Major Infrastructure Contracts

Two significant orders from infrastructure sector: Rs 1,522 lakhs for 2,000 MT fabricated MS flat and MS round (6 months execution) and Rs 695.61 lakhs for 1,150 MT fabricated MS plate and coil (2 months execution).

Railway Wagon Component Orders

South Eastern Railway: Rs 270.81 lakhs (180 centre sills for IBOXNHL wagons, 6 months) + Rs 265.47 lakhs (5,005 body side stanchions for BOXNHL, 6 months) + Rs 122.12 lakhs (3,696 doorway stiffening crossbars for BOXNHL, 5 months)

East Coast Railway: Rs 188.68 lakhs (390 door assemblies for BOBRN wagons, 3 months)

Eastern Railway: Rs 177.07 lakhs (5,002 flap door sets for BOXNHL, 6 months) + Rs 111.42 lakhs (11,785 fabricated hand brake wheels, 6 months)

Southern Railway: Rs 110.77 lakhs (2,407 flap door arrangements for BOXN wagons, 6 months)

Shares of Cosmic CRF Limited was last trading in BSE at Rs. 562.00 as compared to the previous close of Rs. 594.15. The total number of shares traded during the day was 37500 in over 261 trades.

The stock hit an intraday high of Rs. 590.00 and intraday low of 550.00. The net turnover during the day was Rs. 21463115.00.

Source : Equity Bulls

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