BSEINDO SMC LtdMediumPositive
Announced Tue, 5 May · 14:54 IST

Intimation of Receipt of Purchase Order

Business Updates View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+3.8%1-day move
₹220.70
prior close
₹220.00
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AI summary

INDO SMC Ltd has received a purchase order worth Rs. 2498.4 Lacs (approximately Rs. 25 crore) from a prominent Indian mining and steel company. The order is for HT Air Insulated Bus Ducts rated for 630 AMP (1,020 units) and PMCC and HT Panels (18 units) used in industrial power distribution systems. The products are to be supplied by July 31, 2026. The company describes this as a commercial domestic order that demonstrates its strong execution capabilities and long-term relationship with the customer. The order does not involve any related party transaction, and no promoter interest exists in the awarding entity.

Likely market impact

A new order worth Rs. 25 crore represents new business win for INDO SMC Ltd and could provide near-term revenue visibility, though the actual impact depends on the company's total revenue size. The order from a mining and steel company signals continued demand in the industrial electrical equipment segment.