Cryogenic OGS Bags Orders Worth Over INR14 Million; Shares Down 5%

MT Newswires Live

10/10

Measurement and filtration equipment Cryogenic OGS (BOM:544440) has secured two orders worth 14.4 million Indian rupees for the supply of terminal automation products, according to a BSE filing on Friday.

The company received a letter of intent worth 9.9 million rupees from Advanced Sys-tek and a purchase order of 4.51 million rupees from Honeywell Automation India.

Both orders are to be supplied in eight to 12 weeks.

The company's shares were down 5% in recent trade.

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