Electrical Equipment Manufacturer Bags New Domestic Orders Worth Rs 1,47,17,618.06
The company has a market cap of over Rs 60 crore and the stock is up by 23 per cent from its 52-week low of Rs 100.25 per share.
Vdeal System Limited announced the receipt of new domestic orders totalling Rs 23,35,740 (Rupees twenty-three thirty-five thousand seven hundred forty only) for the supply of PLC Panels, VFD Modules and spares from Fertiliser Company (Rs 14,00,000 for PLC Panels, to be delivered by June 2025) and Pellets Company (Rs 9,35,740 for VFD Modules, spares, and service, to be delivered by April 22, 2025), as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which is expected to contribute to the company's sustained business growth and enhanced shareholder value through timely execution and delivery.
Additionally, the company has bagged orders worth Rs 12381878.06 from various clients for the supply of spare parts and will be delivered by June 2025.
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Incorporated in 2009, Vdeal System Ltd (VDSL) is an ISO 9001:2008 certified company registered under NSIC, DIC, and MSME, operating as a solution provider in the electrical engineering domain. Their business encompasses the manufacturing and trading of electrical control panel boards, positioning them as a Premium System Integrator offering expertise in Electrical Panels, Industrial Automation (including VFD Drivers, PLC/Scada/HMI, and Soft Starters), Process Instrumentation, and Industrial IoT (I-4). VDSL also provides Energy Management Systems, offering computer-aided tools for electric utility grid optimization, and a diverse range of panel products including PCC, MCC, PMCC, APFC, VFD, Soft-starter, PLC-based process control, Control Desk & MIMIC Panels, and Junction Boxes, alongside Bus Duct solutions in both Air Insulated and Sandwich configurations.
The company has a market cap of over Rs 60 crore and the stock is up by 23 per cent from its 52-week low of Rs 100.25 per share. The shares of the company have an ROE of 64 per cent and an ROCE of 44 per cent. Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.