Saakshi Medtech and Panels share price locked ta upper circuit on December 11 following the company received Letter of Business Award (LoBA) from Mahindra & Mahindra for supply of EV panels including three years Guarantee/ Warranty.
At 09:21am, Saakshi Medtech & Panels was quoting at Rs 220.05, up Rs 20, or 10 percent, on the NSE.
There were pending buy orders of 264,000 shares, with no sellers available.
The total amount of the order value is for around Rs 250 crore (inclusive of GST) for period of five years (till 2029) and to be completed within 60 days.
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The company in the quarter ended September 2024 reported profit of Rs 3.45 crore.
The share touched a 52-week high of Rs 369.00 and a 52-week low of Rs 176.05 on 04 July, 2024 and 27 November, 2024, respectively.
Currently, the stock is trading 40.37 percent below its 52-week high and 24.99 percent above its 52-week low.
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