Shares of Vdeal System Limited rose 5% on Monday after the company announced a fresh domestic order worth about ₹12.38 crore.
The contract has been awarded by Orbittal Electromech Engineering. It covers the supply of Power System & Automation Panels.
During the session, the stock traded at ₹169, taking the company’s market capitalization to around ₹82.67 crore.
Order details
An exchange filing showed that the order falls under the company’s normal business activities.
Key details include:
- Customer: Orbittal Electromech Engineering
- Order value: Around ₹12.38 crore
- Product: Power System & Automation Panels
- Nature of order: Domestic
- Execution deadline: On or before August 10, 2026
Vdeal System said the transaction is not a related-party deal.
It also stated that neither the promoter group nor related parties have any interest in the entity that awarded the contract.
Stock movement
The stock has been largely flat in recent sessions.
- Shares have gained about 0.09% over the last five trading days.
- The stock is down around 0.68% over the past month.
- Its 52-week high stands at ₹260.
- The 52-week low is ₹137.45.
Business profile
Founded in 2009, Vdeal System Limited manufactures and trades electrical control panel boards and related electrical products.
Its customer base spans several sectors, including:
- Industrial
- Commercial
- Infrastructure
- Power
Power System and Automation Panels are used for power distribution, protection, monitoring and process control in industrial operations.
The latest order adds to the company’s order book and is expected to provide revenue visibility over the coming months.
TL;DR:
Vdeal System shares climbed 5% after the company secured a domestic order worth ₹12.38 crore from Orbittal Electromech Engineering. The contract for Power System & Automation Panels is due for execution by August 10, 2026.
AI summary:
- Vdeal System received a ₹12.38 crore order from Orbittal Electromech Engineering.
- The contract involves Power System & Automation Panels.
- Delivery is scheduled by August 10, 2026.
- The company said the deal is not a related-party transaction.
- Shares rose 5% to ₹169 after the announcement.
