Camilin Fine Sciences up 2% on entering agreement with Lockheed Martin
Camilin Fine Sciences has entered into a Preferred Supply Agreement with Lockheed Martin subsidiary, Lockheed Martin Advanced Energy Storage, to supply specialty chemicals. Shares of the company were up by 2% today.
The validity of the agreement extends till December 31, 2025. The terms of the agreement were not specified in the company’s filing as the terms of the Preferred Supply Agreement are confidential.
Lockheed Martin Advanced Energy Storage is an energy storage technology and renewable fuel company that develops flow battery systems. Its parent company, Lockheed Martin, is an American global aerospace, defense, security and advanced technologies company with a global presence.
Camlin Fine Sciences is a provider of antioxidant solutions, aroma ingredients and performance chemicals for industries ranging from the food, pet food and animal nutrition sectors as well as pharmaceutical, dye, biodiesel, petrochemical, agrochemical, textile and tanning industries.Camlin Fine Sciences Ltd is currently trading at Rs 91.75, up by Rs 1.1 or 1.21% from its previous closing of Rs 90.65 on the BSE.
Let’s block ads! (Why?)
Via:: Stock – India Infoline