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Awaiting price reaction for this filing.
Simplex Castings has informed the stock exchanges that it has bagged two domestic fabrication orders worth a combined approximately ₹12.57 Crores. The larger order, valued at ₹11.76 Crores, comes from Bharat Heavy Electricals Limited (BHEL), Trichy, for 1401 MT of fabrication and supply of Column, Auto Weld and General Fabrication for the DVC Raghunathpur project, to be executed over 10 months using vendor-supplied material. The second order, worth ₹80.73 Lakhs, is from Paharpur Cooling Towers Limited for 90 MT of fabrication including Supporting Structure, Hand Rail and Crate Fabrication, with a 3-month execution window. Both orders are domestic, and the company has confirmed that neither involves related party transactions or promoter interest.
These fresh orders from reputed public-sector and private clients strengthen Simplex Castings' order book and provide near-to-medium-term revenue visibility. The ₹11.76 Cr BHEL order is a meaningful addition and reflects continued business traction, though the stock reaction will depend on the size of this win relative to the company's overall revenue base.