INDO SMC Limited receives order worth Rs. 2842.80 Lacs

INDO SMC Limited has received Purchase Order worth Rs. 2842.80 Lacs for supply of HT Air Insulated Bus Duct for 630 AMP metal-enclosed systems used for high-tension power distribution in industrial settings, offering efficient electricity transmission over cables received from one of the prominent Indian mining and steel Company, specialized in iron ore mining, sponge iron manufacturing and power generation company.

HT Air Insulated Bus Ducts rated for 630 AMP are metal-enclosed systems used for high-tension power distribution in industrial settings, offering efficient electricity transmission over cables. These bus ducts feature air as the primary insulator, aluminum or copper conductors, and enclosures made from stainless steel, mild steel, or aluminum for dust and vermin protection. They support shortcircuit withstand currents up to 27-65 kA for 1 second and peak currents to 56-143 kA.

Further, this Purchase order received from our Valued Customer signifies our strong execution capabilities, our continued and long-term proven track record and relationship with our customers for supplying (quantity 4,120 Sq. Mtrs) of HT Air Insulated Bus Duct for 630 AMP under Ground System and the same to be supplied in next twelve (12) Weeks respectively and therefore this intimation is done.

Shares of INDO SMC Limited was last trading in BSE at Rs. 183.05 as compared to the previous close of Rs. 173.35. The total number of shares traded during the day was 423000 in over 280 trades.

The stock hit an intraday high of Rs. 188.00 and intraday low of 172.75. The net turnover during the day was Rs. 76322050.00.

Source : Equity Bulls

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