Artson Engineering hits upper circuit on purchase order from Thyssenkrupp

The stock was trading at Rs 68.95 up 13.31% from the previous close after the company said it received a purchase order from Thyssenkrupp Industries India of approximately Rs 150 million.

Shares of Artson Engineering hit its upper circuit at Rs 73 per share on BSE in early trade on Wednesday in an otherwise flat market.
The company said that it has received a purchase order from Thyssenkrupp Industries India of approximately Rs 150 million. The announcement was made after market hours Tuesday, August 28, 2018.

Artson will provide fabrication and supply of approximately 2,000 MT CHP structures for a power plant in UP, the company said in a BSE filing. The order is to be executed in 5 months.

At 10:50 am, Artson Engineering was trading at Rs 69.15