Page 2 - Skipper Ltd News Today

The Nifty Bank index closed 0.36 per cent up at 46384.85.

Power Grid, ONGC, SBI, Britannia and RIL were among the top losers on NSE in todays trade.

The Nifty Auto index closed 2.21 per cent up at 20423.45.

The Nifty Pharma index closed 1.63 per cent up at 18870.8.

Uniinfo Telecom Serv, Nectar Lifesc, Natco Pharma, Confidence Petro and Skipper Ltd, hit their fresh 52-week highs during the day.

The Nifty Realty index closed 1.53 per cent up at 882.7.

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Capex seen at Rs 300 crore-400 crore over next three years starting FY25, Sharan Bansal says.

"The global market for power T&D equipment is expected to reach $378.7 billion by 2030, growing at a CAGR of 5.7% over the analysis period 2022-30. Currently, Skipper exports to more than 65+ countries and engages with 200+ EPC players globally. The robust order book provides a substantial revenue visibility for the next 3-4 years, indicating a strong and stable foundation for sustained growth."

Skipper Ltd has bagged fresh orders worth Rs 588 crore in the domestic and international markets. While its T&D (transmission and distribution) business has bagged contracts worth Rs 468 crore in India, the company has received another Rs 120-crore T&D orders in the international markets, Skipper said in a statement.