| 22 DEC 2009 |
Jindal SAW bags orders worth Rs 1,100 cr |
 |
| Publication: |
The Financial Express |
|
Pipe manufacturer Jindal SAW
today said it has bagged orders worth Rs 1,100 crore (about USD 240
million) for supplying pipes from various vendors.
The company has received various orders or letter of intents worth Rs
1,100 crore for supply of large pipes from various vendors, Jindal Saw
said in a filing to the Bombay Stock Exchange (BSE).
Majority of the pipes are of exports to the Middle-East market, the
filing added.
These orders would be executed in the next nine to 12 months time, it
said.
Shares of Jindal Saw today closed at Rs 182.90 on the BSE, up 2.38 per
cent from its previous close