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Arcotech receives order from India Government Mint

15 Dec 2015 Evaluate

Arcotech has received an order from India Government Mint (IGM), Mumbai for supply of 6000 MT Nickel Brass Coils worth Rs 268.30 crore with an option of another 25% order making it an aggregate order of Rs 335.37 crore.

Arcotech is a manufacturer of Non-Ferrous Engineering products. The company has established itself as one of the leading Non-Ferrous Engineering Industry mainly in Copper/Brass Strips and Foils in the Country by creating a niche in producing micro thin foils up to 0.035 mm. The company produces all Non-Ferrous alloys i.e. Copper, Brass, Phosphor Bronze, Nickel Silver, Nickel Brass, Cupro Nickel, Aluminium Bronze, Tin Bearing Copper and Silver Bearing Copper etc. These are produced in the form of semis like ingots, strips, sheets, plates, foils, bus bars, rods as well as coin blanks, key blanks, terminals, connectors, etc.

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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