BSESimplex Castings LtdMediumPositive
Announced Fri, 20 Mar · 18:00 IST

Please find enclosed the Intimation of Order Receipt.

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
+1.4%1-day move
₹486.70
prior close
₹484.85
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.2-2.2-2.2-3.9+1.4+4.6-0.1+2.7+6.9+7.4-1.0-4.5-6.1+12.1
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AI summary

Simplex Castings Limited has received a new order valued at Rs. 23.13 Crores from SMS India Pvt. Ltd., a domestic company. The order is for the supply of Coke Oven Doors, Door Frames, and Wall Protection Plates, with completion required within 5 months from the issue of the purchase order. The order is not a related party transaction, and the promoter group has no interest in SMS India Pvt. Ltd. The disclosure was made under SEBI Regulation 30 listing requirements.

Likely market impact

This is a meaningful new business win that adds Rs. 23.13 Crores to the order book from a domestic steel/industrial client. Positive for near-term revenue visibility, though the 5-month execution window and absence of revenue benchmarks limit assessment of the order's overall materiality.