Micro-cap Engineering Company Secures Rs 30,72,000 Order from Burckhardt Compression India – Stock Hits Upper Circuit!

The company’s shares have delivered an impressive return of over 35 per cent in just 1 month.

United Heat Transfers Ltd (UHTL), established in January 1995, has received a purchase order worth approximately Rs. 30.72 lakh (excluding taxes) from Burckhardt Compression (India) Private Limited. The order involves manufacturing parts, including Heat Exchangers and Cooler Stages 1 & 2, to be supplied to Burckhardt's domestic plant within 2-3 months.

The payment terms for the order include an advance payment of 20 per cent upon the submission of a corporate guarantee. An additional 20 per cent will be released upon providing unpriced purchase order copies to sub-vendors for critical materials such as forgings, pipes, and fittings. The remaining 60 per cent of the basic amount, along with 100 per cent of applicable taxes, will be paid after dispatch, within a 30-day credit period.

United Heat Transfers Ltd specializes in manufacturing heat exchangers, pressure vessels, and process flow skids, catering to industries such as automotive, marine, power generation, and oil & gas. Their product portfolio includes Air-Cooled and Shell-and-Tube Heat Exchangers, Process Flow Skids, Engine Jacket Water Heat Exchangers, Marine Heat Exchangers, and more. The company adheres to international standards like TEMA, ASME, and API, ensuring high-quality products for critical applications.

Today the shares of United Heat Transfers Ltd rallied 5 per cent and hit the upper circuit and are currently at around Rs 106.90 per share on the NSE. The current market capitalization stands at Rs 203.15 crore. The company’s shares have delivered over 35 per cent in just 1 month.

Investors must keep this penny stock on their radar.

Disclaimer: The article is for informational purposes only and not investment advice.