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Indobell Insulations moves up on securing Rs 1.47 crore order from Goa Shipyard via GeM

The order is for the supply of two shipsets Searox Slabs Frigates Project Yard 1258-59

Indobell Insulations is currently trading at Rs. 74.69, up by 2.19 points or 3.02% from its previous closing of Rs. 72.50 on the BSE.

The scrip opened at Rs. 70.00 and has touched a high and low of Rs. 74.69 and Rs. 69.00 respectively. So far 4500 shares were traded on the counter.

The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 158.00 on 18-Jul-2025 and a 52 week low of Rs. 46.01 on 06-Feb-2026.

Last one week high and low of the scrip stood at Rs. 75.00 and Rs. 68.26 respectively. The current market cap of the company is Rs. 47.05 crore.

The promoters holding in the company stood at 65.00%, while Institutions and Non-Institutions held 1.81% and 33.19% respectively.

Indobell Insulations has secured a domestic order from Goa Shipyard through the Government e-Marketplace (GeM) for the supply of two shipsets Searox Slabs Frigates Project Yard 1258-59, valued at Rs 1.47 crore. The order is to be executed by September 2026.

Earlier, the company had secured export orders worth $9,42,101 from GE Vernova Operations LLC, Cambridge, USA, for the supply of steam turbine insulation - Blanket Therm. 

Indobell Insulations is engaged in Manufacturing and Export of insulation products and services provider.