The Rs.9.7cr order underscores strong market presence
Ultracab (India) Limited (BSE: 538706), a leading manufacturer and exporter of electric wires and cables based in Gujarat, has won Rs. 9.70 crore order to supply LT PVC cables of various sizes to Adani Electricity Mumbai Limited.
The one-year contract, to be completed by March next year, follows recent orders worth Rs.10.23 crore from Western Railway, Jain Irrigation Systems, and others, said the which has manufacturing facility in Shapar, Rajkot, supplies products globally, including the US, UK, UAE, and more markets.
Commenting on the order, Ultracab Chairman & Managing Director Nitesh Vaghasiya said on 26 Mar, “This significant order from Adani Electricity Mumbai underscores our strong market presence and the trust of clients in our high-quality products. We are committed to completing the order on time and are confident that it will contribute positively to our revenue and profitability in the coming periods https://www.conexpoconagg.com/.”
Ultracab, founded in 2007, manufactures electric wires and cables for domestic, industrial, solar, and elevator applications.
The company leverages advanced technology and rigorous quality control to ensure superior products. Its diverse portfolio includes domestic cables (house wires, PVC/XLPE power cables), international cables (auto cables, welding cables), and specialised cables (super flat, elevator and solar cables).
A part of the Adani Group, Adani Electricity is Mumbai’s leading power distribution utility company, serving over 12 million consumers in Mumbai and its suburbs with a distribution network spanning over 400 sq km. fiinews.com
