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Excel Castronics bags Rs 40cr export order, share zooms 10%

The company is expecting to touch turnover of around Rs 70 crore in current fiscal.

January 11, 2016 / 15:03 IST
     
     
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    Moneycontrol BureauShares of Excel Castronics gained 10 percent intraday Monday. The company has bagged an export order of Rs 40 crore of castrol oil, raw cashew nuts and green cardamom.This order will be completed by last quarter of FY15-16. "The company is expecting to touch turnover of around Rs 70 crore in current fiscal," as per BSE Release."The company has commenced trading in cashews nuts and cardamom to establish market links for supply and distribution channels of wholesale and retail market," it added.At 14:43 hrs Excel Castronics was quoting at Rs 6.85, up Rs 0.59, or 9.42 percent on the BSE.Posted By Rakesh Patil

    first published: Jan 11, 2016 03:03 pm

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