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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Simplex Castings Ltd has received a follow-up fabrication order worth Rs. 7 Crore from Bharat Heavy Electricals Limited (BHEL), Trichy. The order involves fabrication and supply of 900 metric tonnes of Column, Auto Weld, and General Fabrication items for Mahagenco Koradi (Nagpur, Maharashtra) and Korba West (Korba, Chhattisgarh) power projects. The work is to be completed within 300 days from the date of issue of the work/purchase order. The customer is a domestic PSU entity, and there is no promoter or related party interest in the transaction.
Positive for the stock — adds Rs. 7 Crore to the order book from a reputed PSU client, and being a follow-up order signals continued business trust. However, the order size is modest, so the immediate price impact may be limited.