KVS Castings Secures Major Domestic Order for Railway Parts Export
KVS Castings Ltd has secured an order from SAMM Corporation, Delhi (Merchant Exports), involving the manufacture and supply of railway parts intended for Russian Railways. This contract reaffirms customer trust in the company's manufacturing capabilities and product quality.The order was awarded by a domestic entity but is set to be exported by SAMM Corporation, Delhi. The materials being supplied are specialized railway parts destined for use with the Russian Railways.
According to the details of the contract, delivery timelines range from immediate requirements through phased deliveries beginning in August 2026.
The aggregate order value has been specified for two financial years:
| Financial Year | Aggregate Order Value |
|---|---|
| FY 2026-27 | ₹ 8 Crores |
| FY 2027-28 | ₹ 12 Crores |
The contract specifies terms such as payment according to agreed contractual terms, warranty where applicable, and the possibility of inspection by a designated agency.
Details regarding the business relationship confirm that there is no interest of the promoter or promoter group companies in SAMM Corporation, Delhi. Furthermore, the transaction is not categorized as a related party matter.
Stock Price Movement
At 14:34, KVS Castings Ltd. shares are edging lower, currently trading at ₹65.60, reflecting a small dip of 0.08%. The stock has seen active movement throughout the session, ranging between an intraday low of ₹64.00 and a high of ₹65.60.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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