Cords Cable Industries Limited has received registration for inclusion in the "List of RDSO Vendors for Developmental Orders" from Research Designs & Standards Organisation (Government of India - Ministry of Railways).
This approval enables the company to offer "Underground Railway Jelly Filled Quad Cable for Signalling & Telecom Installations" to the Indian Railways and various projects where this approval is mandated including the Dedicated Freight Corridors, and various Metro-Rail projects.
This approval will allow Cords Cable Industries Ltd. to explore the upcoming vast opportunities provided by various developmental & upgradation projects of Railways and new Metro projects throughout the country.
Cords Cable Industries Limited enjoys strong brand equity in the B2B segment. This approval testifies the product quality and execution capabilities possessed by CORDS. company has got approvals from the State of Punjab, Airports Authority of India (AAI), Samsung Engineering Co. & Abu Dhabi National Oil Company (ADNOC) in the past. Company's focus on maintaining highest standards of quality has enabled it to develop & maintain long term relationships with clients and thus making CORDS a preferred brand for Specialty cables.
Shares of CORDS CABLE INDUSTRIES LTD. was last trading in BSE at Rs.58 as compared to the previous close of Rs. 57.5. The total number of shares traded during the day was 800 in over 6 trades.
The stock hit an intraday high of Rs. 58.05 and intraday low of 58. The net turnover during the day was Rs. 46405.