Promoters Bought 72,000 Shares: Doms’s Peer Company Bags New Order Worth Rs 99,07,000 From Bharat Heavy Electricals Ltd

The company has a market cap of Rs 78 crore and promoters bought shares & increased their stake to 41.32 per cent in September 2024 compared to June 2024.

Doms’s Peer Company ALKOSIGN LIMITED has secured a significant order from Bharat Heavy Electricals Limited (BHEL) for the supply of 4983 Baggit Model luggage bags in Vision Lime Green Textured Colour. This domestic order, valued at approximately Rs 99.07 lakh (including GST) is expected to be executed within a timeframe of 3 months. This development underscores ALKOSIGN LIMITED’s strong position in the luggage bag market and its ability to cater to the requirements of large-scale organizations like BHEL.

Alkosign Ltd, established in 2020, is a prominent manufacturer of visual presentation systems and hard luggage. The company specializes in producing high-quality writing boards, display boards, notice boards, and their accompanying accessories and stands. Additionally, Alkosign offers durable school benches, desks, and educational accessories. In the realm of travel, the company provides premium PC luggage designed to cater to the needs of international travellers and business professionals. With a state-of-the-art manufacturing facility in Mumbai, Alkosign's hard luggage division excels in OEM solutions, offering custom manufacturing services for brands and seasonal collections, boasting a monthly production capacity of 30,000 units.

The company has a market cap of Rs 78 crore and promoters bought shares & increased their stake to 41.32 per cent in September 2024 compared to June 2024. In H1FY25, the company reported net sales of Rs 27.90 crore and net profit increased by 3.31 crore and in FY24, the company reported net sales of Rs 35.69 crore and net profit of Rs 0.78 crore.

Disclaimer: The article is for informational purposes only and not investment advice.