INDO SMC zooms on bagging purchase order worth Rs 28.42 crore
The company has received purchase order for supply of HT Air Insulated Bus Duct
Indo Smc is currently trading at Rs. 192.00, up by 8.95 points or 4.89 % from its previous closing of Rs. 183.05 on the BSE.
The scrip opened at Rs. 187.00 and has touched a high and low of Rs. 199.00 and Rs. 187.00 respectively. So far 385000 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 199.00 on 21-Apr-2026 and a 52 week low of Rs. 134.00 on 29-Jan-2026.
Last one week high and low of the scrip stood at Rs. 199.00 and Rs. 159.95 respectively. The current market cap of the company is Rs. 447.96 crore.
The promoters holding in the company stood at 60.25%, while Institutions and Non-Institutions held 7.39% and 32.36% respectively.
INDO SMC has received purchase order worth Rs 28.42 crore for supply of HT Air Insulated Bus Duct for 630 AMP metal-enclosed systems used for high-tension power distribution in industrial settings, offering efficient electricity transmission over cables received from one of the prominent Indian mining and steel Company, specialized in iron ore mining, sponge iron manufacturing and power generation company.
HT Air Insulated Bus Ducts rated for 630 AMP are metal-enclosed systems used for high-tension power distribution in industrial settings, offering efficient electricity transmission over cables. These bus ducts feature air as the primary insulator, aluminum or copper conductors, and enclosures made from stainless steel, mild steel, or aluminum for dust and vermin protection. They support shortcircuit withstand currents up to 27-65 kA for 1 second and peak currents to 56-143 kA.
INDO SMC is engaged in the design and manufacture of a diversified range of products catering to electrical, industrial, and infrastructural applications.

