Tijaria Polypipes has received a single order of Rs 353.0 million for supply of HOPE & PLB Ducts from Tata Projects. The same has to be executed within a period of 3 months. The company takes great pride in associating with one of the top most corporate brands in the world. The same will adrenaline Team Tijaria and thus infuse enough momentum to its business model.
The company's plant (HDPE pipes) is presently running at 75% of its installed capacity. An additional production line is being installed and will be ready by end ofthis month to cater to the additional robust demand of HDPE pipes. In view of the ongoing discussions with the above customer and others as well, the company is confident in clinching additional big size orders in the near future.
To be ready to execute such additional big size orders with speed and impeccable quality, the company has already paid an advance to a supplier for installing state of the art machinery. The same is expected to be installed by the end of the 3 Quarter of the present financial year.
Shares of the company declined Rs 0.5, or 3.23%, to trade at Rs 15.00. The total volume of shares traded was 8,087 at the BSE (1.03 p.m., Friday).