Neetu Yoshi Ltd receives approval from RCF, Kapurthala

Neetu Yoshi Ltd has received a communication from Rail Coach Factory, Kapurthala, confirming its Capacity-Cum-Capability Assessment (CCA) for the manufacturing of Brake Support for FIAT Bogie.

The assessment was conducted with respect to the Company's technical capability and infrastructure and the Company has been found suitable for manufacturing the aforesaid product. As per the communication, the CCA shall remain valid for a period of four years, i.e., up to 13 April 2030 or until any change in specification, whichever occurs earlier.

The said approval enhances the Company's qualification for participation in procurement opportunities relating to the approved product and is expected to strengthen its presence in the railway components segment.

Shares of Neetu Yoshi Limited was last trading in BSE at Rs. 141.45 as compared to the previous close of Rs. 135.80. The total number of shares traded during the day was 61600 in over 73 trades.

The stock hit an intraday high of Rs. 142.40 and intraday low of 132.50. The net turnover during the day was Rs. 8515120.00.

Source : Equity Bulls

Keywords

NeetuYoshi INE0UZO01024 Castings Forgings Approval RCF Kapurthala