Accord Transformer & Switchgear Ltd Receives Order for Transformers from Gurugram Hospital Company

Accord Transformer & Switchgear Ltd Receives Order for Transformers from Gurugram Hospital Company

Accord Transformer & Switchgear Ltd Receives Order for Transformers from Gurugram Hospital Company​

Accord Transformer & Switchgear Limited has received a commercial order for the supply of Transformers from a leading Hospital company based in Gurugram. The project is classified as a domestic commercial order.

The order details indicate that the company is expected to execute the project according to the terms specified in the order. The transaction is characterized as a domestic commercial order from a domestic entity.

The details of the received order are summarized below:

ParticularsDetails
Entity Awarding OrderLeading Hospital company based in Gurugram
Nature of OrderCommercial Order for Transformers
Order SizeRs. 23.00 Lacs (Rupees Twenty-Three Lacs)
Estimated Completion TimeThe projects are scheduled to be completed within 6 weeks tentatively.

The company stated that the order is routine in nature and was received in the normal course of business, resulting in no change in the business model, risk profile, or financial position beyond what has already been disclosed.

Accord Transformer & Switchgear Ltd is formerly known as Accord Transformer & Switchgear Private Limited.

Stock Price Movement​

As of 11:51 AM, Accord Transformer & Switchgear Ltd. is ticking up, currently trading at ₹63.50, marking a solid 5.22% gain for the shares. Throughout the session, the stock has fluctuated, testing a range between a low of ₹61.25 and an intraday high of ₹63.50.

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