Announced Wed, 22 Jul · 18:18 IST
INDO SMC bags Rs. 66.6 crore VFD panel order, delivery by July 31
Business Updates View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
+10.2%1-day move
₹406.95
prior close
₹427.25
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3+0.0—+0.0+10.2+15.7————————
Up moveDown movePending
AI summary
INDO SMC Limited received a purchase order worth Rs. 66.60 crore (excluding tax) on July 21, 2026, to supply Variable Frequency Drive (VFD) Panels. The order comes from a prominent Indian engineering company based in Maharashtra that serves power, sugar, cement, infrastructure, and railway sectors. Delivery must be completed on or before July 31, 2026. The order is domestic and commercial, with no related party involvement.
Likely market impact
Positive short-term revenue boost from a sizeable order, but the 10-day delivery deadline is very tight and raises execution risk.