We are pleased to announced that our Company has received a Purchase worth worth Rs. 27,35,24,000.00 (incl GST) from Cabcon India Limited, (Project).
MARSONS · price
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Marsons Ltd has received a purchase order worth ₹27,35,24,000 (approx. ₹27.35 Crores including GST) from Cabcon India Limited. The order is for the supply of 38 units of 33/11 KV, 3-phase, 50 Hz, 10 MVA copper-wound outdoor conventional power transformers with accessories. The order is domestic, to be executed within 6 months, and does not involve any related party transaction. Marsons is a Kolkata-based power transformer manufacturer.
This is a sizeable new order that adds to the company's order book and provides revenue visibility for the next ~6 months. Positive for the stock in the short term, as it supports top-line growth, though the impact should be weighed against the company's overall revenue base.