Skipper up 5% on order win in domestic, international market

Moneycontrol BureauShare prices of Skipper added 5 percent intraday Thursday as it has received new orders from domestic and international markets.The company has announced its further international business penetration by bagging new orders in Kenya, Cameroon, Congo, Ghana and Malaysia as well as in the domestic market.The said orders are for supply of transmission & sub-station towers, distribution poles and steel angles.The total value of the said orders are approximately Rs 100 crore.It has also received approval from Power Grid Corporation of India for its poles division.At 09:36 hrs Skipper was quoting at Rs 164.20, up Rs 6.95, or 4.42 percent on the BSE.Posted by Rakesh Patil