Diffusion Engineers Limited Secures Domestic Order Worth INR 7.49 Crores for Flux Cored Wire Supply
Diffusion Engineers Limited has secured a domestic order amounting to about INR 07.49 Crores, covering the supply of Flux Cored Wire intended for the Defence industry. The contract is with a domestic entity and spans up until June 2028.The awarded contract involves supplying specialized Flux Cored Wire products to a domestic client. The order value, inclusive of all duties and taxes, stands at approximately INR 07.49 Crores.
Details regarding the significant terms and commercial consideration of this order are as follows:
| Particulars | Details |
|---|---|
| Product Supplied | Flux Cored Wire |
| Client Type | Domestic Client |
| Nature of Order | Supply of Flux Cored Wire |
| Order Value | About INR 07.49 Crores (Inclusive of all Duties and Taxes) |
| Time Period | Up to June 2028 |
The order has been awarded by a domestic entity, solidifying the company's position in the defence industry supply chain. The company confirmed that there is no interest of any promoter or promoter group companies in the client entity, and therefore, the transaction would not constitute a related party transaction.
DIFFNKG Stock Price Movement
Diffusion Engineers Limited closed higher today after gaining 0.17%, settling at ₹375.55 as trading concluded. The equity saw an intraday movement, ranging from a low of ₹363.6 to a high of ₹382 during the session.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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