Metro and Rail infrastructure company bags new order worth Rs 9,19,43,602 from CRRC Nanjing Puzhen Co. Ltd, China
DSIJ Intelligence-1 / 05 Aug 2025/ Categories: Penny Stocks, Trending
The shares of the company have an ROE of 18 per cent and an ROCE of 19 per cent.
Presstonic Engineering Limited has secured a significant order valued at Rs 9,19,43,602 (net value excluding tax) from CRRC Nanjing Puzhen Co. Ltd, China. This order pertains to the supply of Cable Duct products for the Bangalore Metro Yellow Line 4RS–DM Project. The contract covers the supply of 27 trainsets, each consisting of 6 coaches. Deliveries are slated to begin in August 2025 and are expected to be completed by August 15, 2026. This project highlights Presstonic Engineering's dedication to timely execution and quality, further solidifying its partnership with CRRC Nanjing and expanding its global footprint in metro and rail infrastructure.
Earlier, the company has received a prestigious order from the Spanish Railway Giant, CAF (Construcciones y Auxiliar de Ferrocarriles) to supply "Luggage Rack" to RENFE High Speed Trains, delivered to Spain under the Technical Specifications and the Terms and Conditions specified in the Purchase Order with the Total Order Value of EURO 7,09,017.36 (Rs 6,95,18,861.65) without value added tax.
DSIJ’s ‘Flash News Investment' weekly Newsletter recommends profit-making ideas for you based on fundamental and technical analysis. If this interests you, download the service details here.
About the Company
Presstonic Engineering Ltd., established in 1996, is a significant manufacturer serving the rail and metro industry, providing a broad spectrum of products including metro rail rolling stock components, railway signalling products, and infrastructure solutions for both domestic and international OEMs. Their product range spans interior and non-interior rolling stock parts, signalling equipment, and infrastructure solutions, demonstrating a commitment to supplying high-quality components to leading industry players. Further diversifying their portfolio, the company has entered the North American market by manufacturing premium kitchen oven parts.
The company has a market cap of Rs 73 crore with the promoters holding a 58 per cent stake and the public owning a 42 per cent stake. The shares of the company have an ROE of 18 per cent and an ROCE of 19 per cent. The stock is up by 20 per cent from its 52-week low of Rs 80.35 per share.
Disclaimer: The article is for informational purposes only and not investment advice.