Simplex Castings Share Price in Focus; Secures ₹7.26 Crore Trial Order from BHEL for 803 HP Mill Components

Written by: Team Angel OneUpdated on: 13 Mar 2026, 6:20 pm IST
Simplex Castings has received a ₹7.26 crore trial order from BHEL Varanasi for supplying fabricated and machined assemblies for an 803 HP mill.
Simplex Castings Share Price
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Simplex Castings Limited announced that it has secured a trial order from BHEL Varanasi for the supply of fabricated and machined assemblies required for an 803 HP mill. The order, valued at approximately ₹7.26 crore, strengthens the company’s ongoing engagement with Bharat Heavy Electricals Limited in supplying components for the power and heavy engineering sector. 

Scope of the Order 

The order covers the manufacturing and supply of several engineered components including the Mill Side and Liner Assembly – 803 HP Mill, Separator Body Assembly – 803 HP Mill, and Separator Top fabricated and machined components. These parts will be produced in accordance with BHEL’s engineering drawings and technical specifications. 

The purchase order consists of 10 units of each component, bringing the total order value to ₹7,25,72,500. The project involves precision fabrication and machining work designed for heavy-duty industrial applications. 

Management Statement 

Promoter, Chairman and Executive Director Ketan Shah said, “This order further strengthens our long-standing relationship with BHEL and reflects their continued trust in our manufacturing capabilities and product quality. The order gives us immense confidence in the quality and reliability of our heavy fabrication capabilities.” 

He added, “We are fully committed to delivering this engagement with the same consistency and just-in-time precision that our customers have come to expect. We view this as the foundation of a potentially large and enduring partnership.” 

Shah also noted that the company is currently in advanced discussions with several prospective customers in both domestic and international markets, with some of them recently visiting the company’s manufacturing facilities in Chhattisgarh. According to him, these engagements have the potential to translate into substantial order inflows in the near to medium term. 

Simplex Castings Share Price Performance  

As of 13 March 2026, at 11:07 AM, Simplex Castings Limited share price is trading at ₹443.55 per share, reflecting a gain of 2.21% from the previous closing price. Over the past month, the stock has declined by 4.98%. 

Conclusion 

The trial order from BHEL reflects continued collaboration between the 2 companies and highlights Simplex Castings’ role in supplying specialised fabricated components for India’s power and heavy engineering industry. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Mar 13, 2026, 12:48 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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