Fabtech Technologies Limited Secures Rs. 52 Crore Contract

Fabtech Technologies Limited (FTL), a global turnkey solutions provider to the life sciences and healthcare sectors, has secured a Rs. 52 crore project to establish a veterinary medicines manufacturing facility in the Maghreb region.

The project covers complete design, engineering, cleanroom systems, utilities, and process equipment for a modern veterinary dosage manufacturing plant. With this order, FTLís cumulative order book now stands at Rs. 983.05 crore, enhancing revenue visibility and reinforcing momentum in international markets.

FTL continues to expand across human and animal healthcare and biotech, leveraging its in-house design, manufacturing, and automation capabilities.

The Maghreb region is witnessing strong growth, driven by rising demand for livestock and companion animal health products. Increasing focus on animal health management and disease prevention is fueling market expansion, creating signi#icant opportunities for FTL is turnkey solutions, supporting future projects, and opening new avenues for regional growth.

The veterinary formulation TAM in the Maghreb is projected to reach USD 500ñ700 million by 2030, driven by growing demand, food security goals, and rising exports North Africa.

Shares of Fabtech Technologies Limited was last trading in BSE at Rs. 236.80 as compared to the previous close of Rs. 230.75. The total number of shares traded during the day was 119960 in over 1751 trades.

The stock hit an intraday high of Rs. 247.70 and intraday low of 231.55. The net turnover during the day was Rs. 28752119.00.

Source : Equity Bulls

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FabtechTechnologies INE0HF201011 MedicalEquipment Supplies OrderWin