Jainik Power Cables secures over Rs25 Cr in rate contracts from Haryana Government for power distribution infrastructure
India, Oct. 23 -- The Sonipat-based aluminium conductor and power cable manufacturer has landed a fresh set of government supply contracts that adds weight to its push into utility business. The orders came after a high-level purchase committee meeting in Chandigarh, and they cover three products used widely in power networks across the state.
The Nifty 50 traded at 22,544, down 0.61%, while the Sensex fell 0.36% to 72,988 on Friday. Following this the Shares of Jainik Power Cables Ltd are trading flat at Rs. 162.50, up 0.00 percent on Friday. The stock opened at Rs. 162.50 and remained unchanged throughout the day, holding both its intraday high and low at that exact level. The company commands a market capitalization of Rs. 233.15 cro...
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