CMI announced that the company has received order for supply of 6 Quad 0.9mm dia cable on Nov. 15, 2014 for 428.308 Kms for total value of Rs 103.8 million and further order for unscreened power cable 2Cx25 Sq. mm.
Received on Dec. 04, 2014 for 163.883 kms for total value of Rs 17.5 million from controller of stores, northern railways, baroda house, New Delhi, both aggregating to Rs 121.3 million.
The company will start the delivery during this week and complete the execution of the order in next quarter.
Shares of the company gained Rs 10.8, or 17.38%, to settle at Rs 72.95. The total volume of shares traded was 119,089 at the BSE (Monday).