MoneyWorks4Me

Simplex Castings gets order worth Rs 10 crore from Jindal Rail Infrastructure

27 Nov 2015 Evaluate

Simplex Castings has received an order from Jindal Rail Infrastructure worth Rs 10 crore which will be executed by the company in next two quarters. Jindal Rail Infrastructure (JRIL) is a 100% subsidiary of Jindal ITF, set up for manufacture of Railway Rolling Stock. This order will be add-on to the performance of the company in financial year 2015-16.

Simplex Castings is engaged in manufacturing of engineering castings in various grades for core industrial sector like steel, power, railroad equipment, mining, cement, defence, sugar and other specialized areas in as cast, machined and in assembled condition.

Peers
Company Name CMP
AIA Engineering 3971.95
Alicon Castalloy 730.35
Nelcast 107.90
PTC Industries 22803.90
Synergy Green Inds. 586.40
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