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20 April, 2024 16:47 IST
Simplex Castings bags order worth Rs 100 mn
Source: IRIS | 27 Nov, 2015, 12.49PM
Rating: NAN / 5 stars.
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Simplex Castings announced that the company has received an order from Jindal Rail Infrastructure worth of Rs 100 million approx which will be executed by the company in next two quarters.

The company said, "This order will be add-on to the performance of the company in financial year 2015-16."

Jindal Rail Infrastructure (JRIL) is a 100% subsidiary of Jindal ITF, set up for manufacture of railway rolling stock.

Shares of the company gained Rs 0.3, or 0.42%, to trade at Rs 72.35. 

Total volume of shares traded on the bourses today was higher by 798.26% to 21,935 compared with 22-day average volume of 2,442.

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