Container PSU stock surges 2% on awarding order worth Rs 690 crore to Braithwaite & Co
The order excludes goods costs (including GST) worth Rs 689.76 crore; supplies are scheduled for completion by August 11, 2026.
Container PSU stock surges 2 on awarding order worth Rs 690 crore to Braithwaite Co
On Wednesday, February 19, 2025, Container Corporation of India (Concor) share price peaked at 1.90% to reach Rs 691.65 per share an intraday high.
The Concor share price increased following the company's announcement that Braithwaite & Co. Ltd., a Govt. of India under the Ministry of Railways, has received an order for manufacturing and supply of thirty BLSS (spine car) rakes on a turnkey basis.
The order excludes goods costs (including GST) worth Rs 689.76 crore; supplies are scheduled for completion by August 11, 2026.
In an exchange filing, Concor said, “It is hereby informed that the Company has awarded an order for Manufacture & Supply of 30 no's BLSS (spine car) rakes on turnkey basis to M/ s Braithwaite & Co. Ltd, A Govt. of India Undertaking under Ministry of Railways. The value of the order ex-works excluding freight charges (including GST) is Rs.689.76 crore and the supplies are to be completed by 11.08.2026.”
At 10:41 AM, Concor share price was trading 1.86 percent higher at Rs 691.30.
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