Neetu Yoshi Bags Rs7.39 Cr RDSO-Compliant Railway Order
India, June 18 -- A disclosure filed with the BSE SME platform brought an Uttarakhand-based ferrous foundry into focus on Thursday after it announced receipt of a purchase order from an undisclosed domestic manufacturer. The order covers Cast Steel Bearing Plates, heat-treated and machined as per RDSO drawings, the specification standard used by Indian Railways for critical load-bearing components in rolling stock and track infrastructure. No intraday stock move was attached to the disclosure at the time of writing.
With a market capitalization of Rs. 560.07 crore, the shares of Neetu Yoshi Limited were trading at Rs. 144.30 per share, up 0.77 percent from its previous closing price of Rs. 143.20 apiece. It is trading at a P/E of 22.37....
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