Pritika Auto Industries Limited (BSE: 539359; NSE: PRITIKAUTO), among leading manufacturers of tractor components in India, has finalised a significant order worth INR 30 crore per annum from country's leading OEM tractor manufacturers. This order represents a strong endorsement of the company's capabilities in delivering high-quality components for the agriculture sector.
The order involves the supply of approximately 250 tons per month of new large components designed for tractors. These new components will weigh over 78 kilograms, underscoring Pritika Auto's expertise in producing robust, heavy-weight products.
This latest order is a testament to Pritika Auto Industries' Limited commitment to innovation and excellence in meeting the evolving needs of the automotive industry, particularly in the agricultural segment.
Commenting on this development, Mr. Harpreet S. Nibber, Managing Director, Pritika Auto Industries Limited said: "We are delighted to finalise this significant order, which is a testament to our team's relentless efforts in innovation and quality. This achievement not only underscores our ability to meet the stringent demands of leading OEM tractor manufacturers but also highlights our commitment to supporting the agricultural sector with robust and reliable components. As we continue to scale our operations, this order reinforces our strategic focus on enhancing our production capabilities and expanding our presence in the industry.
As the Company moves forward, we remain dedicated to our core values of quality, innovation, and customer satisfaction. We look forward to achieving many more milestones and contributing significantly to the automotive industry."
Shares of Pritika Auto Industries Ltd was last trading in BSE at Rs. 27.33 as compared to the previous close of Rs. 26.68. The total number of shares traded during the day was 277616 in over 1000 trades.
The stock hit an intraday high of Rs. 28.01 and intraday low of 26.69. The net turnover during the day was Rs. 7688926.00. |
