Remi Edelstahl Tubulars Ltd receives orders worth Rs. 62.66 crores

Remi Edelstahl Tubulars Limited has received orders for Stainless Steel seamless tubes worth of Rs.62.66 Crores (Rupees Sixty Two Crores and Sixty Six Lakhs Only),net of GST, for Thermal power sector from a reputed equipment fabricator.

The Company has received the said orders in normal course of business. The said transactions are not falling under related party transactions and is done at arm's length basis.

Shares of Remi Edelstahl Tubulars Limited was last trading in BSE at Rs. 130.10 as compared to the previous close of Rs. 132.70. The total number of shares traded during the day was 2122 in over 26 trades.

The stock hit an intraday high of Rs. 132.00 and intraday low of 125.05. The net turnover during the day was Rs. 276412.00.

Source : Equity Bulls

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