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Artson Engineering climbs 5% after receiving two orders for Rs20.32cr

The order is received from Tata Projects Ltd for construction of Absorbers for FGD at Talcher and Vallur.

November 22, 2021 1:23 IST | India Infoline News Service
Artson Engineering
Artson Engineering Ltd has inform that the Company has received two major orders amounting to Rs10.16cr (Rupees Ten Crore Sixteen Lakhs Only) each, totalling to Rs20.32cr (Rupees Twenty Crore Thirty Two Lakhs Only).

The order is received from Tata Projects Ltd for construction of Absorbers for FGD at Talcher and Vallur.

As per regulatory filing, the estimated time period by which contracts are to be executed is 8 months.

At around 1:25 PM, Artson Engineering was trading at Rs85.30 apiece up by Rs4.05 or 4.98% on Sensex.

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