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Stone India clinches a major export deal worth $1.3 million

23 Dec 2011 Evaluate

Stone India has received a major export order from ASEAN market worth $1.3 million for freight car upgradation. The company has recently executed a Memorandum of Understanding (MoU) with Voith Turbo Scharfenberg GmbH & Co, KG, Germany for Indian railways coupler business.

Stone India, a multi-product engineering company located in Kolkata, has been serving the Indian rail road industry for over seven decades now. A pioneer in brake systems and train lighting alternators is the undisputed leader in locomotive brake systems and has a wide range of mechanical and electrical products for the rail road industry.

Peers
Company Name CMP
Bharat Heavy Elect. 422.00
Thermax 3364.10
Kirloskar Industries 3481.75
Skipper 541.95
INDO-MIM 1272.60
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