Shiva Texyarn Ltd. saw its stock price rise by 9% after securing an order from the Government of India, Ministry of Defence, Department of Military Affairs, Indian Air Force. The company will supply 16,000 pairs of NBC Suit Permeable MK V, with delivery scheduled between January 3, 2025, and August 31, 2025.
The total value of the order is Rs. 36.19 crores, inclusive of all duties and taxes. The order is a domestic contract, reinforcing the company’s strong position in the defense supply sector.
Shiva Texyarn’s stock opened at ₹228.40, reaching a high of ₹244.70 and a low of ₹221.55 today. The company’s 52-week high stands at ₹299.00, while the 52-week low is ₹135.00.
As of 12:07 PM, Shiva Texyarn shares were trading 8.27% higher at Rs 241.00.
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