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The Anup Engineering enters into manufacturing, supply agreement

31 Aug 2024 Evaluate

The Anup Engineering has entered into Manufacturing and Supply agreement on August 30 2024 to Manufacture, Supply and Deliver products to Indian and Overseas Customers for and on behalf of Graham India and Graham Corporation (Graham USA) respectively. 

The above transaction is in the best interest of the Company, as it will enable the Company to further strengthen its product portfolio, increase market presence and have a significant positive impact on revenue.

Earlier, the company had bagged two critical orders valued over Rs 100 crore. About 90% of this is from one of renowned EPC contractor in Europe for a critical project in UAE. The scope consists of manufacturing and supplying pressure vessels of complex metallurgies.

The Anup Engineering is engaged in manufacturing and fabrication of process equipment required for Chemicals, Petrochemicals, Pharmaceuticals, Fertilizers, Drugs and other allied industries.

Peers
Company Name CMP
Bharat Heavy Elect. 430.60
Thermax 3680.25
Kirloskar Industries 3830.40
Skipper 551.65
INDO-MIM 1018.90
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