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Pritika Auto Industries Ltd bags order from TAFE

Posted On: 2019-03-12 13:31:54

Pritika Auto Industries Limited {BSE: 539359}, pioneer and among leading players in manufacturing world class auto components in India, today, announced that the Company has received a prestigious order from TAFE to supply components for a Small Horse Power {HP} tractor. The initial order stands at 1,200 tons per annum.

Commenting on the recent development, Mr. Harpreet S. Nibber, Managing Director, Pritika Auto Industries Limited said: "We are very happy to announce that for a new tractor to be jointly developed by TAFE and Eicher we have been awarded a initial order of 1,200 tons per annum. This new order will be to supply components for small HP tractors to meet the growing demand. This marks a great achievement for us as we have been able to new orders from existing clients further strengthening our relationship with them. I thank the entire team of 'Pritika' for their untiring efforts, hard work, sincerity and high dedication to making this happen".

Shares of Pritika Auto Industries Ltd was last trading in BSE at Rs.145 as compared to the previous close of Rs. 149.95. The total number of shares traded during the day was 24929 in over 89 trades.

The stock hit an intraday high of Rs. 151.65 and intraday low of 144.3. The net turnover during the day was Rs. 3649929.


Source: Equity Bulls

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