As JSW Steel Gave Purchase Order to Arfin India, Share surges 8%
Today, the shares of Arfin India surged 8 percent intraday. This was observed as the company got purchase order from JSW Steel.
Recently the company has successfully won the purchase orders worth from JSW Steel. This purchase order is worth of Rs 170 crore. It was for supply of various aluminium deox products and various cored wire products for the year 2018-19.
Yesterday, the JSW Steel ordered Calcium management and Ferro Boron management from the company for 100 percent steel productions for one year. As a consequence, the shares of Arfin India seem to go up.
On the BSE, at 11:37 hrs Arfin India was quoting at Rs 481, up Rs 10.70, or 2.28 percent.