Walchandnagar Industries Secures Rs.30.75 Crore, Share Hit 5% Upper Circuit

 Summary:

Walchandnagar Industries Ltd has been awarded a prestigious contract from Vikram Sarabhai Space Centre (VSSC) for the fabrication and supply of S139 segment hardware. The contract, valued at Rs.30.75 crore, underscores the company's expertise in high-precision engineering for India's space sector.

Stock Performance:

  • Stock hit 5% Upper Circuit, reaching Rs.162.05
  • Market Capitalization: Rs.1,093.18 Cr

Key Contract Details:

  • Client: Vikram Sarabhai Space Centre (VSSC)
  • Contract Value: Rs.30.75 Cr
  • Scope: Fabrication & supply of S139 segment hardware
  • Contract Duration: 5 years from 28th March 2025 or 14 months after the last hardware supply.
About the Company:

Walchandnagar Industries Ltd is a Heavy Engineering and Project execution company and has diversified business offerings across core sectors with focus on EPC / Turnkey Projects, Hi Tech Manufacturing, Engineering Products and Engineering Services.

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