Signet Industries Limited has received orders of Rs. 130 crore recently from various companies like L & T Limited, Shapoorji Pallonji and Company Pvt. Ltd., Future Infrastructure & Development Pvt. Ltd., Megha Engineering & Infrastructures Limited, NCC limited, GA Infra Pvt. Limited, Offshore Infrastructures Limited among others.
These orders are for high pressure pipelines to be used in various infrastructure projects in the states of Madhya Pradesh, Rajasthan and Orissa.
Supplies for these orders have started and the company shall complete the orders well within contracted time period aided with the recently expanded capacities.
Shares of Signet Industries Limited was last trading in BSE at Rs.39.85 as compared to the previous close of Rs. 39.45. The total number of shares traded during the day was 5276 in over 46 trades.
The stock hit an intraday high of Rs. 40.55 and intraday low of 39.05. The net turnover during the day was Rs. 209610.