MoneyWorks4Me

Artson Engineering bags purchase order from Tata Projects

08 Mar 2023 Evaluate

Artson Engineering has received purchase order for Rs 14.49 crore excluding taxes from Tata Projects for supply of pressure vessels and it’s mandatory, erection & commissioning spares. The order is to be executed within a period of 10 months. The order is on arm’s length pricing.

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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