Sigma Advanced Systems Lands Rs174 Crore NATO-Linked Artillery Order
India, Oct. 21 -- The aerospace and defence engineering and manufacturing company has added another international win to its artillery ammunition portfolio. The latest order, tied to the NATO supply ecosystem, widens its scope beyond shell bodies and fuzes. Here is how the deal fits its strategy and what it could mean for investors.
The Nifty 50 traded at 22,727, down 0.72 percent, while the Sensex is also down 0.55 percent to 73,438 on Wednesday. Following this the Shares of Sigma Advanced Systems Ltd istrading at Rs. 865.60, down 4.99 percent on Wednesday. The stock touched the intraday high of Rs. 910.00 after opening at Rs. 910.00 before slipping to a low of Rs. 865.60. The company commands a market capitalization of Rs. 16,402.79 cr...
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