Walchandnagar Ind hits 20% upper circuit after winning order from ISRO

Walchandnagar Industries (WIL), the heavy engineering products company, hit an upper circuit limit of 20 per cent at Rs 72.15 apiece on the BSE after the company secured an order worth Rs 77.20 crore plus escalation from the Vikram Sarabhai Space Centre of Indian Space Research Organisation (ISRO).

The order is towards manufacturing and supply of Head, Middle and Nozzle End segments (total 30 nos) for the GSLV M Klll launch vehicle. It is WlL's second largest single order from ISRO and the largest as far asthe GSLV-M Klll launch vehicle is concerned, the company said in