Announced Thu, 25 Jun · 10:58 IST
Duncan Engineering wins Rs 5.54 Cr BPCL order for refinery valves
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Price
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Price reaction · full curve 14 horizons · vs prior close
-0.4%1-day move
₹366.25
prior close
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AI summary
Duncan Engineering has received an order worth Rs. 5.54 Cr (excluding GST) from BPCL, a Government of India undertaking. The order is for supply of On-Off Floating Ball Valves, Trunnion Ball Valves and Triple Offset Butterfly Valves for the Bina Petchem and Refinery Expansion Project. The order is domestic and must be executed within eight months. The company noted that the order is strategic in nature but will be executed at negligible margins.
Likely market impact
Small order value with negligible margins, likely limited impact on stock or earnings.