Pitti Engineering Completes Consolidated Capacity Enhancement Following Capital Expenditure
Pitti Engineering Limited, formerly known as Pitti Laminations Limited, has announced the completion of its consolidated capacity enhancement following significant capital expenditure initiatives across its manufacturing units and those of its Wholly Owned Subsidiaries.The company had previously informed stakeholders regarding the ongoing capacity additions. The conclusion of this enhanced capacity allows the organization to state its current production capacities in key operational areas.
As per the updated figures, the capacities stand as follows:
| Capacity Area | Achieved Level | Unit |
|---|---|---|
| Sheet Metal Capacity | 1,08,000 | MT |
| Machining Capacity | 7,56,000 | hours |
| Casting Capacity | 24,600 | MT |
The completion of these enhancements underscores the strategic investment undertaken by Pitti Engineering Limited to bolster its manufacturing strength.
PITTIENG Stock Price Movement
Today, Pitti Engineering Limited shares edged up, settling at ₹964.6 after gaining 3.2%. The stock traded within a range of ₹942 and ₹970 during the day, completing trading with a volume of 45,275 shares.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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