Kilburn Engineering Secures 70.20 Cr Swiss Order from Casale SA
India, June 16 -- Shares of an industrial drying and process equipment maker came into focus on Tuesday after the company disclosed its first order from Casale SA, a Switzerland-based technology licensor to the fertilizer, chemical and energy industries. The order, valued at approximately Rs. 70.20 crore, covers the design, engineering and manufacture of process equipment for fertilizer-related applications. The company described the win as having been secured in the ordinary course of its business, even as it marks an entry into Casale's global supplier network.
With a market capitalisation of Rs. 2,587.55 crore, the shares of Kilburn Engineering Limited were trading at Rs. 483.90 per share, up 2.70 percent from its previous closing pr...
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