Quality Power Electrical Equipments (NSE:QPOWER, BOM:544367) has secured an order worth 347.5 million Indian rupees from UAE-based Abu Dhabi Transmission Company, according to a Friday filing to the Indian stock exchanges.
The order includes the supply of dry-type and oil-filled shunt reactors, which will be manufactured and delivered over the next year from Quality Power's global manufacturing hub in Sangli, India.
The company's shares were up over 6% in recent trade.