INOX India Ltd shares saw an uptick of over 3% in early trading after the company announced a major contract with UK-based Highview Power.
The agreement involves the supply of five state-of-the-art 690kl Vertical EN Design Vacuum Insulated Cryogenic Tanks for Highview Power’s new LAES facility located in Carrington, Manchester, UK.
This contract is significant for INOX India as it marks the company’s first venture into the innovative LAES industry, showcasing their capabilities in cryogenic storage technology.
As of 9:38 am, INOX India shares were trading 2.75% higher at Rs 1,162.00 on the NSE.
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