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TRF jumps after new order win
Source: IRIS | 15 Sep, 2014, 10.30AM
Rating: NAN / 5 stars.
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TRF shares jumped on Monday after it received an order worth Rs 3.54 billion from BHEL, Bangalore.

The order is for design, engineering, manufacturing, supply, erection and commissioning for conveying and crushing system with associated equipment for ore, flux, coal & coke handing system of 3.0 MTPY integrated Steel Plant of NMDC, Nagarnar, Chhatisgarh.

Shares of the company are trading at Rs 284.90, up Rs 13.55, or 4.99% at the Bombay Stock Exchange (BSE) on Monday at 10:17 a.m.

The scrip has touched an intra-day high of Rs 284.90 and low of Rs 277.70. The total volume of shares traded at the BSE is 52,394.

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