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Stock Report
Bharati Shipyard bags Rs.120 Crores contract from Reliance Industries
Posted On : 2006-08-17 05:54:40( TIMEZONE : IST )
Bharati Shipyard Ltd has announced that the Company has bagged a contract from Reliance Industries Ltd for construction of 6 vessels including 1 diving support vessel. These vessels will be used by M/s. Reliance Industries Ltd for its offshore terminal at Jamnagar and the contract value of the same is approx. Rs 1200 million.
With this order, Company’s current order book position is Rs 15860 million and the unexecuted order book position is Rs 11570 million which is 4.45 times the turnover for the FY 2005-06.
