Trishakti Industries Secures ₹37 Million Contract for Advanced Heavy Machines

Trishakti Industries Ltd. has won a ₹37 million contract from Jindal Stainless Ltd., marking a significant step in its expansion within the infrastructure sector. Under this agreement, Trishakti will supply high-capacity heavy machines for Jindal Stainless’ ongoing steel project, reinforcing its position as a trusted provider of industrial equipment.

 

The contract, set to last three months, will see Trishakti deploying advanced earth-moving and lifting machinery to support Jindal’s large-scale operations. This deal strengthens the company’s relationship with Jindal Stainless and highlights its commitment to delivering cutting-edge solutions for industrial projects.

 

Following the announcement, Trishakti’s stock saw a 4% surge, reflecting investor confidence in its growing portfolio. The company has been actively securing contracts across various sectors, including a ₹15 million deal with KEC International earlier this year.

 

Industry analysts believe this latest contract will positively impact Trishakti’s operational performance, boosting revenue and reinforcing its reputation in the heavy machinery market. With ongoing investments in fleet expansion and technology, Trishakti is positioning itself as a key player in India’s infrastructure development.

 

Source: MarketScreener, Trade Brains, Trishakti Industries Website