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Pitti Laminations has entered into an agreement with GE India Industrial Pvt Ltd to supply various parts used in locomotives. These parts will then be supplied by GE India to Indian Railways. The deal is valued at about ₹500 crore. The duration of the agreement is up to 2030. The contract is over and above the existing contracts that the company had already entered into with GE India. Shares of Pitti Laminations surged 20 per cent at ₹46.90 on the BSE.
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