Small Cap Construction Stock Hits Back-To-Back 52-Week-High On Securing Rs 25.46 Cr Order From MOD

The shares of CFF Fluid Control Limited hits new 52-week-high today on securing order from ministry of defence. The shares hit back-2-back four 52-week-high in the past 1 week.

On June 27, the company informed that exchange that it has received the contract for procurement of Spares of TWA MCA 62.5 System totaling approx. Rs. 25.46 Crores (including tax) from Government Of The Republic Of India, Integrated Head Quarters Ministry of Defence, (Navy) DTE of Electrical Engineering. The time period for completion of the order is June 2024.

On Monday, the stock opened at Rs 323.90 apiece on BSE, currently trading 1.33% higher at Rs 319.70 apiece. Its 52-week-low is Rs 165 apiece.

The stock gained 23.03% in the last 1 week, while in 2 week it gained 24.74%. It gained 82.32% in the last 1 month. The stock was listed on June 12, 2023. The market cap of the stock is Rs 622.59 Crore.

CFF Fluid Control Ltd. is a small cap Construction sector company primarily engaged in the business of manufacturing and servicing shipboard machinery. The company provide cutting-edge technology and engineering solutions for the defence industry in India.