JASH Engineering hits new 52-week high as US subsidiary wins order worth $4.9 million

13 Apr 2022 , 01:20 PM

JASH Engineering has informed to the exchanges that its US subsidiary Rodney Hunt Inc, USA has received an order worth USD 4.9 million.

As per regulatory filing, the subsidiary received order from Lane Construction for Kansas city flood risk management project. 

Further, “This is the first part of the order and we are quite hopeful to get the second part also which is also quite large”, said company on Wednesday.

At around 1:19 PM, JASH Engineering was trading at Rs696.15 per piece higher by 8.61%, after hitting 52-week high at Rs740 per piece on the NSE.