MoneyWorks4Me

Kranti Industries gets purchase order from Carraro Drive Tech Italia

22 Sep 2023 Evaluate

Kranti Industries has received the purchase order (PO) for Production of Beam Trumpet to Carraro Drive tech Italia SPA. The order is to be executed within 2 months. The broad consideration or size of the order is 55,673.28 Euro.

Earlier, the company had completed the acquisition of 55% Equity Shares i.e. 31,98,205 number Equity Shares of Rs 10 each of the Preciso Metall on April 11, 2023. With this, Preciso Metall became a subsidiary Company of Kranti Industries.

Kranti Industries is engaged in the business of manufacturing and supplying of precision machined components.

Peers
Company Name CMP
SamvardhanaMotherson 159.50
Tube Investments 2420.15
Bosch 45564.80
UNO Minda 1161.40
Bombay Burmah Trdg. 1356.15
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