Marble company bags new orders worth Rs 13,50,00,000 from Puri Constructions Pvt Ltd
The stock gave multibagger returns of 1,020 per cent from its 52-week low of Rs 13.30 per share and a whopping 5,400 per cent in 3 years.
Marble City India Limited has received a significant domestic order from Puri Constructions Private Limited for the supply of Italian Marble, valued at Rs 13.50 crore, with payment terms based on the bill and material received at the site and delivery scheduled as per the project-in-charge's plan, with a deadline for execution by the July 15, 2025, and stipulating that the buyer is responsible for inspecting materials upon arrival, with any defective or short quantities to be replaced by Marble City India Limited at their own cost.
Marble City India Ltd is a prominent player in the marble industry, specializing in the manufacturing and selling of high-quality marble blocks and slabs. Established in 1993, the company imports raw marble from quarries worldwide, including Italy, Turkey, Egypt, Greece, China, Brazil and Mexico. Their state-of-the-art processing unit in Behror, Rajasthan, transforms these raw materials into polished and finished products, catering to both commercial and residential real estate sectors. With a diverse product range encompassing marble blocks, slabs, design tiles and marble stone, Marble City India Ltd has successfully executed projects for renowned developers like Unitech, Parvnath, Omaxe, Uppal, Eros, Jaypee Group and DLF.
The stock gave multibagger returns of 1,020 per cent from its 52-week low of Rs 13.30 per share and a whopping 5,400 per cent in 3 years.
Disclaimer: The article is for informational purposes only and not investment advice.
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