On June 19, Skipper Limited shares zoomed after the opening after the company mentioned that it bagged fresh orders, an estimated Rs 1,135 crore from the domestic and international markets. The orders comprise designing, supplying, and structuring new transmission line developments for Powergrid Corporation and tower and pole export provisions to Latin America, the Middle East, and North African provinces.
As of 9.20 am, the stock was trading up 12.54% at Rs 162 on BSE.
The company did not extravagant further on the silhouettes and scope of each of the deals. Neither did it offer individual value of the orders.
Skipper offers cost-effective results for infrastructure benefactors and telecom operators. It is present in 50-plus nations across sub-segments such as Towers, EPC, Monopoles, Poles and Railway Electrification Structures.
The company also creates polymer pipes & fittings, which assist the agricultural and plumbing sectors.
Analysts delicately track the Rs 1,600 crore company.