Pritika Auto Industries Ltd bags new order for supply of Cylinder Heads for Engines.

Pritika Auto Industries Limited (BSE: 539359), a pioneer and among leading players in manufacturing world class auto components in India today, announced that the Company has received a new order to develop and supply Cylinder Heads for Engines.

The order comes from an existing long-standing customer, which is among leading manufacturers of tractor engines across India.

Commenting on the development, Mr. Harpreet S. Nibber, Managing Director, Pritika Auto Industries Limited said: "We are very excited about this order coming from our very reputed customer. At the same time this is reflective of our ability to not only be quality manufacturers but also efficient and fast executors of new and incremental demand. Cylinder head is a critical automotive component, and successful realization of this order is expected to generate increased orders for such components in future. It is a value-added product which is likely to result in improved profitability for the company. We will be among the few companies manufacturing this product. We are hopeful of building on from here and continue to expand our product portfolio. I thank the entire team of 'Pritika' for their untiring efforts, hard work, sincerity and dedication to making this happen".

EQUITYBULLS