Divine Power Energy Limited and Subsidiary Secure New Orders from Customers
Divine Power Energy Limited (DPEL) and its wholly owned subsidiary, Vimlesh Industries Private Limited (VIPL), have secured fresh orders from their existing clientele, reflecting sustained customer trust in the company's products and operational capabilities. DPEL, a manufacturer of Winding Wires and Strips (Fiberglass/DPC/DCC/SE), received several new contracts, while VIPL also booked a significant order.The recurring nature of these business opportunities from existing customers underscores their confidence in the quality and timely delivery provided by both entities.
Order Book Expansion Details
DPEL secured multiple fresh orders from established customers. The details of these assignments are as follows:| Serial No | Customers Name | Approx. Value of Fresh Orders (In Rs.) |
|---|---|---|
| 1 | JAY BEE INDUSTRIES | 1.87 Crore |
| 2 | VOLTOMATIC POWER LIMITED | 3.85 Crore |
Vimlesh Industries Private Limited (VIPL) recorded a new order from one of its existing customers, further expanding its confirmed business pipeline.
| Serial No | Customers Name | Appx. Value of Fresh Orders (In Rs.) |
|---|---|---|
| 1 | LUMINOUS POWER TECHNOLOGIES PVT. LTD. | 2.88 Crore |
The new orders received by the group signify a strengthening of long-standing business relationships with their partners across various sectors.
Commitment to Customer Satisfaction and Growth
These contracts, secured through repeated engagements with existing customers, serve as a strong indicator of the company's commitment to high standards in product quality, timely delivery, and reliable customer service. The sustained support from these clients is instrumental in enabling the Group to adopt new technologies and enhance its manufacturing processes, ensuring continuous improvement in their products.The successful securing of these orders across both DPEL and VIPL is expected to further boost the consolidated financial and operational performance of the group in upcoming quarters.
DPEL Stock Price Movement
Divine Power Energy Limited rallied today, closing at ₹592 after posting a solid 0.60% gain in the stock's session. The equity achieved its 52-week high during post-market trading, witnessing a volume of 37,500 shares traded.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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