BSESimplex Castings LtdMediumPositive
Announced Thu, 12 Mar · 18:25 IST

Please find enclosed the Intimation of Receipts of Order from Bharat Heavy Electricals Limited.

Govt Defence OrderBusiness 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

Awaiting price reaction for this filing.

AI summary

Simplex Castings Ltd has received an order worth ₹7.26 crore from Bharat Heavy Electricals Limited (BHEL), Varanasi. The order is for heavy fabrication and castings, including Mill Side and Liner Assembly, Separator Body Assembly, and Separator Top for an 803 HP Mill. The work is to be completed within 7 months from the issue of the purchase order. The order is from a domestic entity, and there is no promoter or related party interest involved. This is a routine disclosure under SEBI listing regulations.

Likely market impact

This is a modest new order from a government PSU, providing incremental revenue visibility over the next 7 months. For a small-cap company like Simplex Castings, every such order adds to the order book, though the ₹7.26 Cr size is unlikely to move the stock meaningfully on its own.