India's Skipper gains on $83.3 million order win

Skipper

23/09/2026 07:03

** Shares of construction and engineering company Skipper SKIP.NS rise 2.9% to 578 rupees 
** Company secures new orders worth 7.97 billion rupees ($83.29 million)
** Order includes supply of transmission towers and monopoles for power transmission and distribution projects in Australia
** Company also secures a domestic 765-kV transmission line project from an unnamed developer
** Skipper says the orders strengthen its presence in high-voltage transmission infrastructure and expand its international order portfolio
** SKIP sees growing traction in international business, particularly in developed markets such as Australia
** Stock up 29.53% YTD

($1 = 95.6625 Indian rupees)

 
 
 


($1 = 95.6900 Indian rupees)

 (Reporting by Anushka Rajvedi in Bengaluru)
 ((mailto: anushka.rajvedi@thomsonreuters.com))