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Knowledge Marine & Engineering Works Ltd has received an additional work order of Rs. 16.50 Crores from DCI under the original contract.
The board of directors of Knowledge Marine & Engineering Works Ltd. have approved resolution by circulation today i.e., on Monday, 19th December, 2022 for allotment of 5,65,000 shares at Rs. 700 per share.
This vessel is being purchased for a total sum of Rs2.25 crore.
New Delhi [India], June 2 (ANI/PNN): Knowledge Marine and Engineering Works Limited (KMEW) has been awarded a contract worth Rs 67.85 crore exclusive of taxes, taking its entire order book to race past Rs 250 crore mark, higher than its existing market cap.
We had mentioned in Wednesday’s closing report that Nifty and Sensex may try to rally. On Thursday, the indices opened gap up, and ended with gain.