Roto Pumps receives order of Rs3.90 crore; Stock rallies near 3%

14 Oct 2022 , 09:47 AM

Roto Pumps Ltd stocks rally in the marker as the company receives major purchase order.

As per the official release, the company has received a major Purchase Order for Twin Screw Pumps amounting to Rs3.90 crore from a leading Oil Company for its new lube oil blending plant.

The supply of the said order is to be completed in tranches by the second quarter of the next financial year, the company said.

At around 9:48 AM, Roto Pumps Ltd is currently trading at Rs420.40 per share up by Rs11.4 or 2.79% from its previous closing of Rs409 per share on the BSE.

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