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Artson Engineering stock surges 5% on capacity expansion news
short by / on Wednesday, 4 December, 2024
Artson Engineering Limited's stock surged 5% after announcing plans for capacity expansion, including a new 5 MT EOT crane facility at Ambad MIDC, Nashik. This expansion aims to increase metallurgy capacity by 300 MT per annum. Despite a recent revenue drop, Tata Projects holds a 75% stake in the company.
read more at Trade Brains