Vinyas Innovative Technologies Secures ₹109.78 Crores in New Orders from Domestic and International Clients
Vinyas Innovative Technologies Limited has received purchase orders from domestic and international customers, totaling ₹ 109.78 Crores, boosting its business outlook in the manufacturing sector.The company received the new orders from both domestic and international entities, marking a significant milestone in its order book. The orders are related to the manufacture and supply of PCBA (Printed Circuit Board Assemblies).
The details of the new orders received by Vinyas Innovative Technologies Limited are presented below:
| Customer Type | Order Value (Crores) | Nature of Order | Time Period |
|---|---|---|---|
| Domestic Customer | 19.93 | Purchase Order for manufacture & supply of PCBA | 6 - 12 Months |
| Foreign Customer | 89.85 | Purchase Order for manufacture & supply of PCBA | 12 to 18 Months |
The international order, valued at ₹ 89.85 Crores, comes from a foreign customer and pertains to the manufacture and supply of PCBA. The execution timeline for this order is estimated between 12 and 18 months.
The domestic order, worth ₹ 19.93 Crores, was placed by a domestic customer and is also for the manufacture and supply of PCBA. This order is scheduled for execution within a period of 6 to 12 months.
In both cases, the orders were secured from unrelated third parties, and there is no indication that the orders would fall under related party transactions.
VINYAS Stock Price Movement
Shares of Vinyas Innovative Technologies Limited are edging higher to ₹1653.30 as of 3:17 PM today, surging by 3.13% in live trading. The equity has seen 15,600 shares traded so far during the active market 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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.