Company has received a work order by M/s Bharat Petroleum Corporation Limited, Vadinar amounting to Rs. 5.61 Crore (inclusive of taxes)
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On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250 and 2.4 pts less than its Other Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Expo Engineering and Projects Ltd has received a work order from Bharat Petroleum Corporation Limited (BPCL) at its Vadinar (Gujarat) location valued at Rs. 5,61,34,009.31 (about Rs. 5.61 Crore) inclusive of 18% GST. The job involves maintenance and inspection of 5 crude oil tanks along with cleaning and M&I of 1 surge relief tank at the COT-Vadinar terminal. The order is to be executed by 5 November 2025. The order is from a domestic entity (a government PSU) and is not a related party transaction.
Positive — the company has bagged a fresh order from a marquee government PSU client, adding near-term revenue visibility. However, the absolute size is modest, so the impact on the stock is likely to be limited unless the company secures follow-on orders from BPCL or similar clients.