Cords Cable Industries’ stock jumped 8.35 per cent on the BSE, after the company announced the bagging of Rs 7-crore order from EFACEC Group.
According to a press release issued by Cords Cable, EFACEC Group is Portugal’s largest electrical and electromechanical group.
The company will supply control and instrumentation cables for EFACEC towards a power plant project undertaken by it in India.