Announced Fri, 19 Jun · 14:56 IST
Arfin India bags order worth about 300 Crores from JFE Shoji India
Business Updates View source PDF
ARFIN · price
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Price reaction · full curve 14 horizons · vs prior close
-3.0%1-day move
₹98.70
prior close
₹99.24
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.7+0.8+0.8-1.5-3.0-6.9-6.6-10.8-17.0-8.5-12.0-13.5——
Up moveDown movePending
AI summary
Arfin India received an order from JFE Shoji India Private Limited (domestic arm of JFE Shoji Corporation, Japan) for supply of aluminium products including Primary Shots/Cubes, Secondary Aluminium Ingots and Secondary Aluminium Wire Rod. The order covers 7,400 MT valued at about 300 Crores (including GST), with supplies scheduled up to September 2026. The order is domestic and not a related party transaction.
Likely market impact
Large domestic order from Japanese group's Indian arm boosts near-term revenue visibility; positive for the stock.