Fabtech Technologies Ltd receives order from Saudi Arabia

Fabtech Technologies Limited has secured an order/contract with One of the Leading companies in Saudi Arabia working in partnership with a multi-national company from Argentina.

The Client intends to install the cleanroom infrastructure, HVAC, MEP and utilities according to good manufacturing practices (GMP) standards on its plant located in Dammam 3rd Industrial City for Animal Vaccine Project.

The order value is USD 7,800,000.00 (United States Dollars Seven Million Eight Hundred Thousand) (Rs. 65.52 Crores approximately)

Shares of Fabtech Technologies Limited was last trading in BSE at Rs. 246.80 as compared to the previous close of Rs. 231.35. The total number of shares traded during the day was 95692 in over 1700 trades.

The stock hit an intraday high of Rs. 248.00 and intraday low of 230.00. The net turnover during the day was Rs. 23139205.00.

Source : Equity Bulls

Keywords

FabtechTechnologies INE0HF201011 MedicalEquipment Supplies OrderWin SaudiArabia