Chandni Textiles Engineering Industries gets order worth Rs 16 crore
DSIJ Intelligence / 16 Jun 2017
Chandni Textile Engineering Industries on Friday announced that it has bagged an order worth Rs 16 crore for the supply of 13 injection moulding machines.
Chandni Textile Engineering Industries on Friday announced that it has bagged an order worth Rs 16 crore for the supply of 13 injection moulding machines.
Chandni Textiles is engaged in the business of velvet fabrics. Besides assembling two-for-one (TFO) twisting machines sold under brand name Prerna,the company is also engaged in sourcing of all types of machinery and equipment. The company's segments are Engineering Division and Textile Division.
The stock on the NSE hit its 52-week high of Rs 24.10 per share and also breached its upper circuit. It hit its 52-week low of Rs 6.50 per share on 16 August 2016.
Delivering 177% returns in a period one year, the stock has also outperformed the BSE Small cap and BSE Capital Goods indices over the same time period.
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