INDO SMC inches up on bagging purchase order worth Rs 900 lakh
INDO SMC is currently trading at Rs. 225.00, up by 0.85 points or 0.38% from its previous closing of Rs. 224.15 on the BSE.
The scrip opened at Rs. 219.00 and has touched a high and low of Rs. 235.00 and Rs. 212.95 respectively. So far 179000 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 262.00 on 11-May-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. 262.00 and Rs. 172.75 respectively. The current market cap of the company is Rs. 519.04 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 900 lakh for supply of Bus bar distribution panel box from one of the prominent Indian engineering and manufacturing company, specialized in heavy industrial machinery, primarily manufacturing elevators, escalators, and pumping systems. The said order is expected to be completed within 1 month as per purchase order terms.
A bus bar distribution panel box is a centralized electrical enclosure that distributes power from a main source to multiple outgoing circuits. It uses thick, conductive copper or aluminum strips (bus bars) rather than traditional cables. This minimizes energy loss, reduces wiring clutter, and allows for massive electrical loads in a compact, highly organized space.
