Shares of Harsha Engineers Worldwide Ltd soared greater than 3% on 04 August after the corporate introduced securing an order from a serious multinational company to produce journal bearings and bushings.
In its regulatory submitting, the corporate mentioned, “Harsha Engineers has entered right into a long run settlement with a number one multinational firm for the provision of journal bearings / bushings to the mentioned group by the corporate and it’s subsidiaries.”
The settlement is price Rs 117 crore every year for the primary three years.
The corporate’s board of administrators will meet to debate and approve standalone and consolidated unaudited monetary outcomes for the quarter ended 30 June 2025.
Harsha Engineers Advantek, the corporate’s wholly-owned subsidiary, will start business manufacturing and invoicing on 26 June 2025 at its newly created plant in Ahmedabad, Gujarat.
On 07 August 2024 and 07 April 2025, the inventory reached a 52-week excessive of Rs 580.40 and a low of Rs 330.00, respectively.
At 1:40 pm, the shares of Harsha Engineers had been buying and selling 2.7% increased at Rs 418.85 on NSE.
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