Ultracab skyrockets 20% upper circuit as it bags prestigious orders from Governments and PSUs

4 Apr 2022 , 12:38 PM

Ultracab (India) Limited, a certified wires, and cables company informed that it has bagged prestigious orders from various Governments and Public Sector Companies of India named Gujarat State Electricity Co. Ltd (GSECL), Southern Power Distribution Company of Telangana Ltd., Gujarat Narmada. Fertiliser Company Ltd. (GNFCL), Hindustan Aeronautics Limited (HAL), National Fertiliser Ltd.

Ultracab is the leading manufacturer and exporter of electric wires and cables in India, and working in this domain for more than 22 years.

As the leading manufacturer and exporter of electric wires and cables in Gujarat (India), have specialized in Instrumentation Cables, Elevator Cables, High-Temperature Automotive Cables, and UL Approved Cables.

Ultracab’s stock witnessed a heavy rally as the company announced the procurement of such orders. It added 20% so far in today’s trade and is trading at Rs31.25 against its previous close of Rs26.05 on BSE. It touched an intraday high and low of Rs31.25 and Rs25.30 respectively.