Rs 27,19,90,000 orders: This multibagger micro-cap company receives orders from Sail Rites Bengal Wagon Industry, Jindal Rail Infra, Eastern Railway and Hindusthan Engineering & Industries!

​Cosmic CRF Limited informed that the company has received new orders worth Rs 27,19,90,000 gross amount from various clients across India. Here are the details: -

Order No – 1: The company has bagged an order worth a basic value of Rs 945 lakh corresponding to a gross amount of Rs 1,115.10 lakh (Inclusive of GST) for the supply of cold rolled formed sections for BOXNHL wagons. The order is expected to be completed within 3 months. The order was received from Sail-Rites Bengal Wagon Industry (P) Limited (a joint venture of Steel Authority of India Ltd & RITES Ltd); Burdman, West Bengal.

Order No – 2: The company has bagged an order from Jindal Rail Infrastructure Limited for railway wagon parts/components. The order’s basic value is Rs 130.27 lakh and the gross value is Rs 153.72 lakh including GST. The order is expected to be completed within 4 months.

Order No – 3: The company has bagged an order from Eastern Railway for railway wagon parts/components. The order’s basic value is Rs 120 lakh and the gross value is Rs 141.60 lakh including GST. The order is expected to be completed within 4 months.

Order No – 4: The company has bagged an order from Hindusthan Engineering & Industries Limited for railway wagon parts/components. The order’s basic value is Rs 1,109.70 and the gross value is Rs 1,309.48 crore including GST. The order is expected to be completed within 4 months.

Today, shares of Cosmic CRF Limited plunged 1.60 per cent to Rs 880 per share from its previous closing of Rs 894.35 with an intraday high of Rs 900 and an intraday low of Rs 849.65. The stock has a 52-week high of Rs 1,084.90 and a 52-week low of Rs 181.

Cosmic CRF is engaged in the manufacturing of railway components, sheet piles and structures. Cosmic CRF Limited is a qualified and RDSO-approved supplier of cold-rolled stainless sections to renowned wagon manufacturers. In addition to this, the company also supplies cold rolled stainless sections to direct orders of the railways through tender procurement.