Subros goes chug chug chug.....

Subros has hit a new 52-week high today at Rs.194.95 and is currently at Rs.187 levels, strongly in the green.

The stock hit a high on the back of good news that it has received a big order from the Indian Railways – this is for 306 kits from Diesel Locomotive Works (DLW), Varanasi for which supplies are to be executed.

The company has said that it has made efforts for development of product to meet DLW’s and CLW’s requirements and expects continued business from Indian Railways in future also.

The company did not divulge the financial details of the order