Indo SMC Secures ₹66.6 Crore Order

Indo SMC, a company that makes electrical enclosures and other products, recently got a big order worth ₹66.60 crore from a large engineering company in India.

This order is for special panels called VFD panels, which help control electric motors.

The company has to finish this order by July 31, 2026.

Indo SMC's stock has gone up a lot, almost doubling in value since March.

The company made a lot more money last year compared to the year before, but it also spent more, so its profit margin went down a bit.

They used the money from their initial public offering (IPO) to buy new machines and for other business needs.