SPP Pumps Ltd., UK receives order worth GBP 11.7 Mn

SPP Pumps Ltd., UK ('SPP'), a wholly owned material subsidiary of KIRLOSKAR BROTHERS LIMITED, has secured a significant order from Saipem Offshore Construction SPA ('Saipem') for supply of Vertical Pumps and Spares, aggregating to GBP 11.7 Million (equivalent to approx. Rs. 149.59 crore).

SPP is the Company's flagship international subsidiary, having leadership position in the UK pump industry. This is a prestigious order for SPP to supply these pumps to Saipem.

Shares of Kirloskar Brothers Limited was last trading in BSE at Rs. 1927.05 as compared to the previous close of Rs. 1951.55. The total number of shares traded during the day was 11062 in over 1254 trades.

The stock hit an intraday high of Rs. 1964.95 and intraday low of 1885.55. The net turnover during the day was Rs. 21176517.00.

Source : Equity Bulls

Keywords

KirloskarBrothers INE732A01036 IndustrialMachinery SPPPumps OrderWin