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ACE rises after securing major equipment supply contract from Defence Ministry
30-Sep-2026 | 14:31
Action Construction Equipment added 2.56% to Rs 1235.95 after the company said that it has been awarded with a prestigious order for supply of 74 units of 4X4 Backhoe Loaders from Border Road Organisation, Ministry of Defence (MoD).
This order demonstrates our efforts under the 'Make in India' and 'AatmaNirbhar Bharat' initiatives of the Government of India, the company said in a statement.
Action Construction Equipment is the world?s largest pick & carry cranes manufacturer and a leading construction equipment manufacturer in India.
The company had reported 22.28% rise in consolidated net profit to Rs 119.49 crore on a 20.49% increase in revenue to Rs 785.68 crore in Q1 FY27 as compared with Q1 FY26.
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