Roto Pumps secures new order worth Rs1.84 crore from Suez India; stock adds ~1%

23 Nov 2022 , 09:52 AM

Roto Pumps Limited informed that it has received a new purchase order from Suez India Pvt. Ltd. The order received is for the supply of 25 No. of Screw Pumps within 12 weeks from the date of manufacturing clearance.

The company stated that supply is to be completed in tranches by the fourth quarter of the current financial year.

The contract received is for a consideration of Rs1.84 crore.

Roto Pumps is a well-known industrial pump manufacturer with over 50 years of experience in meeting the pumping needs of various industries. It is one of the world’s top ten manufacturers and suppliers of Positive Displacement Pumps. It has now established itself as one of Germany’s leading industrial pump brands.

At around 9.55 AM, Roto Pumps was trading at Rs429.55 up by 0.82% from its previous closing of Rs426.05 on the BSE. The scrip opened at Rs431.35 and touched intraday high and low of Rs432.10 and Rs429.55 respectively.

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