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Shipwaves Online touches roof on bagging order worth Rs 1.57 crore from Hindalco Industries

The order is to be executed within three years

Shipwaves Online is currently locked its upper circuit at Rs. 3.62, up by 0.17 points or 4.93% from its previous closing of Rs. 3.45 on the BSE.

The scrip opened at Rs. 3.60 and has touched a high and low of Rs. 3.62 and Rs. 3.60 respectively. So far 190000 shares were traded on the counter.

The BSE group 'M' stock of face value Rs. 1 has touched a 52 week high of Rs. 12.00 on 17-Dec-2025 and a 52 week low of Rs. 3.40 on 12-Mar-2026.

Last one week high and low of the scrip stood at Rs. 3.98 and Rs. 3.40 respectively. The current market cap of the company is Rs. 51.22 crore.

The promoters holding in the company stood at 66.79%, while Institutions and Non-Institutions held 1.66% and 31.55% respectively.

Shipwaves Online has secured a purchase order worth around Rs 1.57 crore from Hindalco Industries. The order is for implementation of a comprehensive, end-to-end logistics digitalization solution tailored to Hindalco Industries’ operational and compliance requirements. The order is to be executed within three years. 

With this, Hindalco Industries has become the second company from the Aditya Birla Group ecosystem to adopt the company’s platform, following the earlier onboarding of Grasim Industries. The company’s platform will support Hindalco Industries with End-to-End Export Shipment Management, AI-Enabled Freight Bill Audit and Digital Freight Tender Management for Imports.

Shipwaves Online’s expertise spans across multimodal transportation solutions, offering seamless end-to-end support for shipments across Ocean, Land, and Air.