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Artson Engineering gains 10% on orders win worth Rs 23.4 crore

The company has received orders worth Rs 23,33,59,248 for design, engineering, supply and installation, testing and commissioning of connector fuel pipelines including associated civil, electrical, instrumentation works.

August 02, 2017 / 10:24 IST
     
     
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    Share price of Artson Engineering gained 10 percent intraday Wednesday as the company received orders worth Rs 23 crore.

    The company has received orders worth Rs 23,33,59,248 for design, engineering, supply and installation, testing and commissioning of connector fuel pipelines including associated civil, electrical, instrumentation works.

    The company has posted a net profit of Rs 48.51 lakh in the quarter ended June 2017 against loss of Rs 12.61 lakh in the same quarter last fiscal.

    At 09:41 hrs Artson Engineering was quoting at Rs 64.10, up Rs 4.10, or 6.83 percent on the BSE.

    Posted by Rakesh Patil

    first published: Aug 2, 2017 10:24 am

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