TRF has gained around 2.3% at Rs 330 on BSE after receiving an order worth Rs 76 crore from Bhushan Power and Steel Limited.
The order in the state of Odisha,Jharsuguda district, is for the design, engineering, manufacturing, supply and supervision of erection & commissioning of Belt Conveyor System & Auxiliaries for Blast Furnaces along with coal and coke handling for the integrated iron and steel plant of Bhushan Power and Steel Limited.
TRF, established in 1962, is part of the Tata Group of Companies. Over the last five decades, TRF has emerged as a pioneer in solutions for material handling equipment and processing systems required in the infrastructure development.
The stock opened at Rs 323 and till 11:35 AM has hit a high of Rs 343 while around 2,50,000 shares have changed hands on BSE and NSE combined.
