Insulator Manufacturing Company Bags New Order Worth USD 1,28,008.07 From a Company Located in the Middle East
The company has a market cap of Rs 145 crore and the stock is up by 45.20 per cent from its 52-week low of Rs 250 per share.
Master Components Limited has secured an export purchase order from a Middle Eastern company for the supply of insulators, valued at approximately USD 1,28,008.07, excluding tax. This international contract stipulates payment terms of a 30 per cent advance, with the remaining 70 per cent due 30 days later. The company is set to execute this order by July 2025, marking a significant international engagement for Master Components Limited in the supply of its products.
Master Components Limited is a manufacturing company established in 1999 that specialises in creating plastic engineering components and sub-assemblies. The company's core business involves transforming materials into new products through various moulding techniques. Their production facilities, located in Nashik, India, are equipped to handle a wide range of component sizes, catering to the diverse needs of the electrical, medical, industrial, and automotive sectors. Renowned companies such as Siemens, Schneider Electric, and Atlas Copco are among their clientele.
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On Wednesday, shares of Master Components Limited gained 4.75 per cent to Rs 363 per share from its previous closing of Rs 346.55 per share. The company has a market cap of Rs 145 crore and the stock is up by 45.20 per cent from its 52-week low of Rs 250 per share.
Disclaimer: The article is for informational purposes only and not investment advice.