India's GMM Pfaudler rises on bagging 3.3 billion-rupee order

Gmm Pfaudler

20/06/2025 09:16

** Equipment manufacturer GMM Pfaudler GMMP.NS up ~2% at 1175.9 rupees

** Co's German subsidiary, Pfaudler Normag Systems GmbH, inks 3.3 billion-rupee ($38.1 million) contract with European customer for supply of acid recovery equipment and systems

** Contract is for four years and will have a meaningful contribution to revenue, says GMMP

** GMMP shares largely flat YTD

 (Reporting by Ananta Agarwal in Bengaluru)

 ((Ananta.Agarwal@thomsonreuters.com))