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Indo SMC Limited bags ₹28 crore order from mining and steel major, stock up 9%

Indo SMC Limited secured Rs 28.43 crore order from Maharashtra based mining and steel company for HT Air Insulated Bus Duct 630 AMP supply, execution within 12 weeks.
Indo SMC bags ₹28 crore order; stock rises 9%

Introduction

Leading electrical equipment manufacturer received Rs 28.43 crore order for HT Air Insulated Bus Duct 630 AMP from mining steel company, execution within twelve weeks.

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Also Read: H.G. Infra Engineering forms new arm for major Odisha ring road project, stock up 3%

Share price movement of Indo SMC

On April 21, 2026, Indo SMC Limited opened at ₹187.00, up 2.16% from its previous close of ₹183.05. The stock reached a high of ₹199.00 (8.72%) and a low of ₹187.00. By 3:00 PM, it traded at ₹197.80, a 8.06% increase, with a market cap of ₹452.08 crore.

Indo SMC Secures ₹28 Crore Order

Indo SMC Limited informed under SEBI LODR Regulation 30 that it received a purchase order worth Rs 28.43 crore from a prominent Indian mining and steel company based in Maharashtra.

Order includes supply of HT Air Insulated Bus Duct for 630 AMP covering 4,120 square meters under Letter of Intent number 5100010709 for industrial power distribution applications respectively and execution.

Company stated order will be executed within twelve weeks and highlighted domestic commercial contract nature along with strong execution capabilities and long-term customer relationship under regulatory disclosure norms respectively affirmed.

Stock performance of Indo SMC for period of 1 week and 1 month

Indo SMC Limited delivered a 1-week return of 15.2% and a 1-month return of 23.7%.

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Also Read: Deccan Gold Mines stock price rallies 15.5% after firm to launch India’s first private gold mine in May

Shareholding pattern of Indo SMC

ParticularsMar 2026Jan 2026
Promoter60.30%60.10%
FII0.80%2.00%
DII6.80%8.30%
Public32%30%

About Indo SMC

Indo SMC Ltd (INDOSMC) designs and manufactures diversified products for electrical, industrial, and infrastructure applications, serving industrial power distribution and engineering requirements.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Indo SMC Ltd share price rising today?

A: Indo SMC Limited rose after receiving Rs 28.43 crore order for HT Air Insulated Bus Duct supply execution within 12 weeks.

Q: What is Indo SMC Ltd’s main business focus?

A: Indo SMC Limited designs and manufactures electrical, industrial, and infrastructure products used in power distribution systems and engineering applications.

Q: What are the 52-week high and low of Indo SMC Ltd stock?

A: Indo SMC Limited recorded 52-week high of Rs 199.00 and 52-week low of Rs 134.00.

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