Lumino Industries secures Rs496 Crore in fresh orders since September listing; order book hits Rs3,215 Cr
India, Oct. 12 -- India's power grid is being stretched in every direction. Cities use more electricity, new solar and wind plants sit far from where the power is needed, and old lines are reaching their limits. Utilities need more conductors, cables and network upgrades, and the companies that supply and build them are finding their order books growing.
Shares of Lumino Industries Ltd. were closed at Rs. 105.13, up 3.90% from previous close of Rs. 101.17. The stock opened at Rs. 103.00 and reached an intraday high of Rs. 107.29 and low of Rs. 102.45. The company currently has a market capitalization of Rs. 3,183 crores.
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Lumino Industries Limited has announced new orders worth Rs. 496 crore, excluding GST, secured since ...
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