GOODLUCKBSEGoodluck India LtdHighPositive
Announced Wed, 27 May · 14:53 IST

Goodluck Defence and Aerospace Limited subsidiary of Goodluck India Limited has received a Order to supply empty shells

Govt Defence OrderBusiness Updates View source PDF

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₹1353.80
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₹1370.00
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AI summary

Goodluck India's defence subsidiary, Goodluck Defence and Aerospace Limited, has received an order for manufacturing and delivering 20,000 numbers of 155mm shells in Ready to Fill conditions. The order value is approximately Rs. 52.20 crore with a delivery timeline of 3 months. This is a domestic order, and the customer name has not been disclosed due to confidentiality reasons. The order is subject to requisite approvals from the competent authority. This appears to be a defence-sector contract for artillery ammunition.

Likely market impact

The order demonstrates Goodluck India's growing presence in the defence and aerospace segment through its subsidiary. While the order value of Rs. 52.20 crore is undisclosed as a percentage of total revenue, it represents a meaningful defence contract that could positively impact the company's order book in the near term.