CFF Fluid Control climbs on bagging contract worth Rs 3.39 crore
CFF Fluid Control is currently trading at Rs. 353.95, up by 9.40 points or 2.73% from its previous closing of Rs. 344.55 on the BSE.
The scrip opened at Rs. 344.55 and has touched a high and low of Rs. 360.00 and Rs. 344.55 respectively. So far 60000 shares were traded on the counter.
The BSE group 'MT' stock of face value Rs. 10 has touched a 52 week high of Rs. 360.00 on 08-Aug-2023 and a 52 week low of Rs. 165.00 on 16-Jun-2023.
Last one week high and low of the scrip stood at Rs. 360.00 and Rs. 288.10 respectively. The current market cap of the company is Rs. 691.23 crore.
CFF Fluid Control has received the contract from Controller Procurement, Material Organisation (Vizag), Eastern Naval Command, Visakhapatnam for procurement of Spares of TWA MCA 62.5 System totaling to around Rs 3.39 crore (including tax). The order is to be executed by June 2024.
CFF Fluid Control is primarily in the business of manufacturing and servicing of shipboard machinery, critical component systems and test facilities for submarines & surface ships for The Indian Navy.
