New Delhi, Feb. 27 -- INOX India's shares surged by approximately 13% in early trading on February 27, driven by the recent announcement of an international certification for its cryogenic fuel tanks, which was made public three days earlier.
INOX India stock touched an intraday high to 1,041. 85 apiece on Thursday's trading session.
On February 24, the company stated that it had become India's first cryogenic equipment manufacturer to secure the esteemed IATF 16949 certification. This recognition was granted following a thorough audit of INOX India's facility in Kalol, located in Panchmahal, Gujarat.
Bureau Veritas Certification grants this certification to ensure compliance with the design and production standards for insulated cryog...
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