Mar 16, 2018 09:39 AM IST | Source: Moneycontrol.com

Gravita India gains 6% on Rs 300cr order win from Singapore

The company has received orders worth Rs 300 crore for supplying 18000 MT of pure lead and lead bullion from Kyen Resource Pte, Singapore.

Moneycontrol News @moneycontrolcom
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Shares of Gravita India rose 6.3 percent in the early trade Friday as it has bagged Rs 300 cr order from Singapore firm.

The company has received orders worth Rs 300 crore for supplying 18000 MT of pure lead and lead bullion from Kyen Resource Pte, Singapore.

This order will help company to strengthen its top line and bottom line in coming FY 2018-19. The said order will be executed during FY 2018-19, company said in release.

graph_gravita

At 09:30 hrs Gravita India was quoting at Rs 179, up Rs 5.00, or 2.87 percent on the BSE.

Posted by Rakesh Patil