Subros has received another major order of 306 Kits from Indian Railways - Diesel Locomotive Works (DLW), Varanasi for which supplies are to be executed. The company has made efforts for development of product to meet DLW's and CLW's requirements & expects continued business from Indian Railways in future also.
Subros is a leading manufacturer of automotive air conditioning systems and thermal products for automotive applications in India. The company has also been supplying cab mounted HVAC Units to Indian Railways for Driver Cabin application.
Shares of the company gained Rs 6, or 3.27%, to trade at Rs 189.35. The total volume of shares traded was 19,049 at the BSE (9.48 a.m., Friday).