Stone India executes agreement with SMA Technologie AG

Stone India Ltd has announced that the Company has executed a Technical Collaboration Agreement with SMA Technologie AG, Germany for manufacturing of 180 KVA Auxiliary Power Converter for Indian Railways.

This high value product will be manufactured in the new upcoming facility in Nalagarh, Himachal Pradesh.

The stock closed the day at Rs.146.50, up by Rs.7.65 or 5.51%. The stock hit an intraday high of Rs.159.50 and low of Rs.142.90.

The total traded quantity was 69330 compared to 2 week average of 13810.

Source : Equity Bulls

Keywords