Jindal Saw bags orders worth Rs 1,100 cr
Jindal Saw has bagged orders worth Rs 1,100 crore for supplying pipes from various vendors.
By PTI |
MUMBAI: Pipe manufacturer Jindal Saw today said it has bagged orders worth Rs 1,100 crore (about USD 240 million) for supplying pipes from various vendors.
The company has received various orders or letter of intents worth Rs 1,100 crore for supply of large pipes from various vendors, Jindal Saw said in a filing to the Bombay Stock Exchange (BSE).
Majority of the pipes are of exports to the Middle-East market, the filing added.
These orders would be executed in the next nine to 12 months time, it said.
Shares of Jindal Saw today closed at Rs 182.90 on the BSE, up 2.38 per cent from its previous close.
The company has received various orders or letter of intents worth Rs 1,100 crore for supply of large pipes from various vendors, Jindal Saw said in a filing to the Bombay Stock Exchange (BSE).
Majority of the pipes are of exports to the Middle-East market, the filing added.
These orders would be executed in the next nine to 12 months time, it said.
Shares of Jindal Saw today closed at Rs 182.90 on the BSE, up 2.38 per cent from its previous close.
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