On July 31, 2025, Indobel Insulations Limited announced securing an export order worth US$72,984 for design and supply of insulation from GE Vernova Japan.
The company has received an export order for design and supply of insulation, to be completed by June 2026. The contracting client is GE Vernova Japan, an international entity, and does not involve any promoter or related party interest. The contract size is approximately US$72,984, which is in line with arm’s length standards.
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Key Fundamentals
Indobel Insulations has a market capitalization of ₹85.7 crore and the stock is currently trading at ₹136. It has a P/E ratio of 39.1, ROCE of 23.3% and ROE of 20.7%, while the promoter stake is 65%. Technically, the stock’s RSI is at 52 and the price is above the 50-day EMA, indicating balanced momentum on the daily time-frame.
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