Abha Power and Steel Secures New Order Worth Rs 224.20 Lacs from Reputed Railway OEM
Abha Power and Steel Limited has secured a new order valued at Rs 224.20 Lacs (or Rs 2,24,20,000/-) from a reputed Railway Original Equipment Manufacturer (OEM). This contract pertains to the supply of specialized castings.The agreement specifies that the castings must be supplied according to a set delivery schedule and are subject to standard terms of payment, inspection, and quality approval. The domestic order is slated for execution by August 31, 2026.
This new business reinforces the company's standing within the railway sector. As of July 25, 2026, Abha Power and Steel Limited reported an existing order book totaling approximately Rs 18.50 crore.
Key details regarding the awarded contract are presented in the table below:
| Particular | Details |
|---|---|
| Entity Awarding Order | Reputed Railway OEM |
| Nature of Contract | Supply of Goods (Castings) |
| Commercial Consideration | Rs 2,24,20,000/- |
| Execution Deadline | By August 31, 2026 |
| Promoters' Interest | None recorded in the awarding entity |
The company operates two specialized foundries—SG iron and steel—within its ISO certified manufacturing facility in Bilaspur. Abha Power and Steel Limited services diverse sectors including Indian Railways, heavy engineering, mining, cement, and power generation.
ABHAPOWER Stock Price Movement
On Friday, Abha Power and Steel Limited shares rallied significantly, closing at ₹25.8 after the stock edged up by 2.79% from previous levels. The equity saw active trading during the session, with a volume of 11,200 shares registered as the price traded within a range of ₹24.7 to ₹26.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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