Walchandnagar Industries shares jump 20% on Rs 77.20 crore order from ISRO
Updated : September 12, 2019 02:18 PM IST
Shares of Walchandnagar Industries Ltd were locked in 20 percent upper circuit, quoting at Rs 72.15 per share on Thursday.
The engineering firm won an order worth over Rs 77.20 crore from the Indian Space Research Organisation's (ISRO) Vikram Sarabhai Space Centre.
Walchandnagar Industries's CEO GK Pillai also said he is expecting defence orders for Akash Missiles to the tune of more than Rs 100 crore in the next couple of months.
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