Rs 1,200 Crore Order Book: Engineering Company Wins Rs 43.89 Crore Domestic Water Irrigation Project Order

The stock gave multibagger returns of 285 per cent from its 52-week low of Rs 191.35 per share.

Tembo Global Industries Limited, a prominent industrial company, has secured a substantial domestic order for a water irrigation project. The order, valued at a significant INR 43.89 Crores, underscores the company's commitment to contributing to critical infrastructure development. This project involves the supply of Ductile Iron (DI) pipes and is slated for completion within a year, showcasing Tembo Global's ability to execute projects efficiently and timely.

This recent win further solidifies Tembo Global's position in diverse sectors, including oil and gas, chemicals, construction, power, shipbuilding, nuclear power, HVAC, and anti-vibration systems. The company's expertise extends to industrial, commercial, utility, and OEM installations. By successfully securing this order, Tembo Global demonstrates its capacity to cater to the evolving needs of various industries and contribute to sustainable development initiatives.

Tembo Global Industries Limited has earned a reputation as a trusted partner, delivering innovative engineering and manufacturing solutions. With a global footprint, the company continues to lead the industry in providing cutting-edge technology and services. This latest order reinforces the company's commitment to excellence and its ability to meet the challenges of a dynamic market.

The company has a market cap of Rs 819.29 crore and as of September 30, 2024, the order book stands at Rs 1,200 crore. The stock gave multibagger returns of 285 per cent from its 52-week low of Rs 191.35 per share.

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