Innomet Advanced Materials Limited — Important, 08-01-2025: Updates
08-01-2025 | 03:13 pm
08-01-2025 | 03:13 pm
Innomet Advanced Materials Limited has provided an update on its total Order Book Value as of December 31, 2024. The Order Book is segmented into two divisions:
1. **Metal Powders Division**:
- Orders: 3,394 kgs valued at ₹0.26 Crores, with 35,000 kgs in the pipeline worth ₹2.95 Crores.
- Total for the division: ₹3.21 Crores, expected to be executed within a month.
2. **Tungsten Heavy Alloy Division**:
- Orders valued at ₹4.07 Crores, projected for execution by March 31, 2025.
The overall combined Order Book Value stands at ₹7.28 Crores. This healthy order book indicates a positive outlook for the company, with significant execution timelines enhancing investor confidence.
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