INOX India jumps after securing orders worth Rs 939 crore since May
Mumbai, July 8 -- The orders comprise Rs 871 crore in the Industrial Gas segment, Rs 44 crore in the LNG segment, Rs 16 crore in the Cryo-scientific Solutions segment and Rs 8 crore for Beverage Kegs.
The company said its order book received a boost from a "Mega" order in the Industrial Gas business vertical from the space exploration industry. It also secured multiple LNG orders for storage tanks, dispensers, semi-trailers and LNG fuelling station equipment. In addition, the company received a "Minor" order from ITER, along with orders for disposable cylinders, liquid cylinders, transport tanks and kegs.
Commenting on the development, Deepak Acharya, chief executive officer of INOX India, said the latest orders reinforce the company's ...
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