Penny stock at Rs 87: This micro-cap company successfully completes order worth Rs 1,32,89,065 from Larsen & Toubro Ltd

The stock’s 52-week high is Rs 107 while its 52-week low is Rs 83.05.

Durlax Top Surface Limited informed that the company successfully completed an order worth Rs 1,32,89,065 from Larsen & Toubro Ltd (L&T Ltd). This order consists of Solid Surface Sheets specifically intended for Larsen & Toubro's prestigious project in New Delhi. By SEBI regulations, Durlax at this moment notifies the stock exchange that the manufactured goods are prepared for dispatch. This project represents a landmark initiative, and Durlax's involvement highlights the quality and reliability of their products. This order signifies a major milestone for Durlax, reinforcing their commitment to excellence and industry leadership.

Earlier, the company announced the successful completion of a manufacturing order valued at Rs 2,00,00,000 from Keystone Realtors Ltd (Rustomjee). This significant order for 60523 sq. Ft of solid surface material strengthens Durlax's position in the construction industry and highlights its commitment to delivering high-quality products on time. The company is proud to be a trusted supplier for such substantial projects and remains dedicated to expanding its market presence.

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About the Company

Durlax Top Surface Limited, founded in 2010, is a manufacturer of solid surface materials with two main product lines: LUXOR, which offers premium acrylic UV solid sheets, and ASPIRON, which offers modified solid sheets. Both brands share features like seamless designs, antibacterial properties, and fire resistance. Their products are used across various industries including residential, commercial, hospitality, healthcare, and outdoor applications, making them suitable for countertops, vanities, offices, retail spaces, hotels, hospitals, and even outdoor projects.

Today, shares of Durlax Top Surface Limited gained 3.63 per cent to an intraday high of Rs 87 per share from its previous closing of Rs 83.95. The stock’s 52-week high is Rs 107 while its 52-week low is Rs 83.05. The company has a market cap of Rs 139 crore.

Disclaimer: The article is for informational purposes only and not investment advice.