Simplex Castings-Order Win from Indian Railways
BSE 513472; CMP Rs 81, Price Objective-Rs 120
Consolidated order book-Rs 140 crore
FY08 estimated EPS-Rs 12
Simplex Castings Ltd has informed BSE that the Company has got a prestigious order worth one hundred and forty million rupee from Ministry of Railway, Govt. of
Also orders worth more than one thousand two hundred million rupees are in hand which includes export orders worth three hundred million rupees from the Company's valued clients like Indu steel - France, Arcellor - Spain, Ingersoll Rand - Italy, Sandwik Asia - Pune, Al - Nasar Company for coke & chemicals - Egypt, Hyundai Corporation - Korea.
The Company is in a position to meet the rising demand of its customers who are fully satisfied with its quality.
Due to growing demand & consumption of the Company's products, there are lots of growing prospect for the Company and in current year the Company expects better result in comparision to the last year.
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