Veto Switchgears and Cables bags purchase orders of Rs. 25 crore
Veto Switchgears and Cables Limited received purchase orders worth Rs. 25 crore from Rudai Lighting. The order is for the supply of LED bulbs, lights and panels.
Veto’s primary activities involve manufacturing of wires and cables, electrical accessories, and a range of led lighting, CFL and fans. It has a manufacturing unit in Haridwar and Vasai. The company is the first company in India to produce ISI mark electrical accessories.
Rudai Lighting Private Limited specializes in the development and manufacturing of LED Lighting products. It manufactures, markets, exports and imports all types of tubes, bulbs and LED lights.
On Wednesday, the shares of Veto Switchgears and Cables Ltd. opened at Rs. 136.20 per share, and hit a high and low of Rs. 138.75 per share and Rs. 134.50 per share, respectively. The stock closed at Rs. 135.00 per share, up 0.22 per cent.