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Nitin Fire Protection (NFPL), an end-to end solution provider in fire safety equipment production and installation, is planning to enter into the Russian market for further growth. In this regard, the company is in negotiations with an oil exploration company in Russia which will be finalized very soon.

The company is exploring growth opportunities outside India and the United States Emirates (UAE). The company will enter into an agreement with a power plant and a number of metro stations in Turkey, which would fetch orders worth at least Rs 100 crore. Additionally, the company has stepped up penetration in United Arab Emirates.

Nitin Fire Protection is a leading fire protection, safety, securities and intelligent building management system, high pressure seamless cylinder and refuelling systems company in India.

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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