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Artson Engineering gets LoI worth Rs 13.45 crore from Tata Projects

24 Jun 2020 Evaluate

Artson Engineering has received a Letter of Intent (LoI) for Rs 13.45 crore, excluding GST, from Tata Projects for Mechanical Works (Tankages and Piping) for Onshore Terminal of ONGC at Kakinada.

Artson Engineering is engaged in pioneering work in developing products and systems in fuel handling and tankage construction activities in refineries, which led the company to become one of the foremost companies in India with specialization in Petroleum Storage and handling systems.

Peers
Company Name CMP
Bharat Heavy Elect. 419.20
Thermax 3449.00
Kirloskar Industries 3588.85
Skipper 551.30
INDO-MIM 1275.35
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