Surana Telecom receives approval from Central Power Research Institute & Railways

Surana Telecom Ltd has announced that the Company has received approval from Central Power Research Institute for its 11 KV Power Cables (medium voltage). The Company has already received approvals for low voltage power cables from Indian Standard Institute (ISI).

The Company has also received approvals from Railways for Quad Cables Jointing Kits.

Further the Company is also setting up an A1. Continuous Cast Rod Plant and A1. Conductor Plant for 10,000 MT per annum.

The stock closed the day at Rs.25.75, down by Rs.0.45 or 1.72%. The stock hit an intraday high of Rs.27.05 and low of Rs.25.75. The total traded quantity was 43192 compared to 2 week average of 38034.

Source : Equity Bulls

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