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PSL bags order worth Rs 210 cr from Gail

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Press Trust of India Mumbai

Pipe manufacturer PSL Ltd today said it has bagged an order worth Rs 210 crore from Gail (India) Ltd for external coating of pipes.     

The company has bagged an order for applying sophisticated external three layer polyethylene coating on entire Dahej-Vijaipur pipeline project, PSL Ltd said in a filing to the Bombay Stock Exchange.     

With this order, PSL has procured orders worth over Rs 700 crore from Gail. On August 12, the company had bagged an order worth Rs 500 crore from Gail for supplying of pipes.     

Shares of PSL Ltd were today trading at Rs 142.30, up 0.78 per cent from the previous close on the BSE.

 

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First Published: Aug 19 2009 | 2:30 PM IST

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