Cosmic CRF Subsidiary Secures Contracts from Infrastructure Firms, Totaling 157.97 Lakhs
Cosmic CRF Ltd's subsidiary, Mss. N. S. Engineering Projects Private Limited, has secured multiple purchase orders from various infrastructure companies, with the aggregated value reaching 157.97 Lakhs. These contracts span several months and pertain to specialized manufacturing products for the infrastructure sector.The contracts awarded by the infrastructure industry are primarily domestic in nature. The orders cover diverse requirements, including fabricated poles and steel tubular components, with completion periods ranging from one month to three months.
The company's subsidiary has received seven distinct purchase orders detailing various product specifications, all involving the manufacturing of goods for the domestic market.
| Order No. | Gross Order Value (Inclusive of GST) | Completion Period |
|---|---|---|
| 1. | 24.34 Lakhs | Within 2 months |
| 2. | 553 Lakhs | Within 1 month |
| 3. | 82.84 Lakhs | Within 3 months |
| 4. | 5.82 Lakhs | Within 1 month |
| 5. | 4.96 Lakhs | Within 1 month |
| 6. | 2.29 Lakhs | Within 1 month |
| 7. | 32.19 Lakhs | Within 2 months |
These orders demonstrate the subsidiary’s involvement in manufacturing specialized infrastructure products, such as octagonal poles and cold rolled sections of metal, to meet industry demand within specified timeframes. The details related to each contract are documented separately.
Stock Price Movement
Cosmic CRF Ltd settled on Wednesday at ₹1401.25, ticking up 0.09% as trading concluded for the day. The stock shares navigated a choppy intraday period, having moved between an intraday low of ₹1371.00 and a high of ₹1414.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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