Mumbai: Quest Flow Controls, one of India’s leading listed value manufacturers, has reaced a milestone of Rs. 100 crore order book with a fresh Rs.23.55 crore order from Kolkata-based Garden Reach Shipbuilders and Engineers Ltd (GRSE).
The Goa-based company has been an active player in supporting the nation’s shipbuilders and other infrastructure projects, with long-standing relationships with leading shipbuilders and PSUs.Last month, the company announced its receipt of its first-ever order from BHEL ESD, Bangalore.
The company’s CEO, Mr Kishore Makvan, has been working to steadily expand its portfolio beyond India. It is actively building its presence across North Africa, Middle East, Russia and South East Asia to tap the critical flow control systems in oil and gas, marine and the infrastructure sectors. The company’s management expects this geographical diversification to boost its growth in the years ahead.
Over the years, the company has expanded its portfolio to include remote-control valves for key functions like propulsion, electrical power management and auxiliary systems critical for operational efficiency.
Shares of Quest Flow Controls were trading at Rs.316 on August 25 following the press release announcement.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Readers should conduct their own research or consult with a qualified financial advisor before making any investment decisions.
