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Good Luck Steel Tubes receives order worth Rs 67 crore

17 Nov 2015 Evaluate

Good Luck Steel Tubes, an engineering product manufacturing conglomerate, has received an order worth Rs 67 crore for supply of Transmission Line Towers in the state of Uttaranchal. The Execution is likely to start from 4th quarter of FY16. This is a significant development for the company, as the company is expanding its structure vertical with a capex of Rs 30 crore in current Financial Year. The expanded capacity will be utilized to cater the expanding order book of Transmission & Distribution (T&D) sector.

Adding to this, company has got significant lead in solar structure solutions in India’s rising solar energy industry. Country is going from megawatt to gigawatt. The company is adding a bit in this solar movement by producing & supplying solar structure solutions to upcoming solar parts & projects. The company is currently executing solar structure solution for 65 MW projects and hoping to reach 200 MW in next financial year.

Good Luck Group is engaged in manufacturing and exporting of wide range of Automobile CDW Tubes, Forged Engineering Products, T&D Towers & Boiler Structure, Galvanized Pipes, Roofing Sheets & Annealed Sheets.

Goodluck India Share Price

1419.60 61.90 (4.56%)
19-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
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