Kanohar Electricals Ltd. is currently trading at Rs 869.25, up 0.75%, after experiencing a 4.16% decline over the last week.
Kanohar Electricals Limited announced it has received a Notification of Award (NOA) from a Central Public Sector Undertaking for the manufacturing of 400kV power transformers, along with associated services, to be executed over a 24-month period. The order, classified as a "Large Order" exceeding Rs 250 crores, falls within the normal course of business and does not constitute a related party transaction; furthermore, the Promoter/Promoter Group/Group companies have no interest in the awarding entity.
Trading volume reached 13.79 lakh shares today, a decrease of 87.23% compared to the average volume over the last one week. Kanohar Electricals Ltd remained flat year-over-year, outperforming the NIFTY50 index's 7.79% loss.
