MoneyWorks4Me

Artson Engineering receives LoI for contract worth Rs 56.37 crore

02 Sep 2013 Evaluate

Artson Engineering has received a Letter of Intent (Lol) for fabrication, assembly, shop testing, inspection, painting, supply and transportation of various building structures (Rolled & Built-up Section). The estimated contract price is Rs. 56.37 crore.

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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