CMI announced that the company has bagged an order worth Rs 123 million from Bharat Petroleum Corporation, a Government of India Enterprise, Kochi Refinery for supply of Signal Cable plus Excise Duty and CST etc.
CMI was engaged in Copper Metal Trade and Copper melting and rod casting. From Copper it diversified to cables. The factory started manufacturing PVC Switch Board Cables, Control Cables, Screened Cables, FRLS Cables, and Data Transmission Cables etc. since 1980.
Shares of CMI gained Rs 1.80, or 1.96%, to trade at Rs 93.70 at the BSE (1.42 p.m., Monday).