MoneyWorks4Me

Arcotech bags order for supply of 3000 MT Nickel Brass Coils

24 Sep 2014 Evaluate

Arcotech has bagged an order from India Government Mint (IGM), Mumbai for supply of 3000 MT Nickel Brass Coils worth Rs 157.00 crore with an option of another 25% order making it an aggregate order of Rs 196.00 crore.

Arcotech is one of the leading manufacturers of copper/brass strips and foils in the country by creating a niche for itself by producing micro thin foils up to 0.04 mm with close tolerance.

Peers
Company Name CMP
Hindalco Industries 942.30
Vedanta 258.90
Hindustan Zinc 565.30
Jain Resource Recycl 292.60
CMR Green Tech 225.00
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