Defense Business and Industry

CFF Fluid Control's shares rise after Indian Navy's P75 LoI.

CFF Fluid Control Ltd. has received a Letter of Intent valued at approximately Rs. 11.69 crore from the Indian Navy for the supply of equipment related to the P75 Project, which is to be completed by March 2026. Following this announcement, the company’s shares saw a rise of up to 2 percent, reflecting positive investor sentiment. CFF Fluid Control, based in Mumbai, has reported impressive financial growth, with a revenue increase of 40.4% and a net profit growth of 42.9% in H2FY24-25. This development underscores the Indian Navy’s commitment to enhancing its operational capabilities through domestic partnerships, bolstering the Indian defense sector’s self-reliance and technological advancement.

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