Announced Wed, 15 Jul · 17:12 IST
Cosmic CRF subsidiary bags orders worth Rs 157.97 Lakhs from infrastructure firms
Business Updates View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
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AI summary
N.S. Engineering Projects, subsidiary of Cosmic CRF, secured seven purchase orders totaling Rs 157.97 Lakhs (GST inclusive) from various domestic infrastructure companies. Products include octagonal poles, steel tubular poles, galvanized poles, cold rolled sections, and metal crash barriers. Largest order is Rs 82.84 Lakhs for 90 MT of cold rolled sections. All orders to be executed domestically within one to three months. No related party transactions involved.
Likely market impact
Positive: subsidiary adds around Rs 1.58 crore to order book from infrastructure clients, giving near-term revenue visibility over one to three months.