Mumbai, October 16 (Daily Kiran): Shares of Indobell Insulations Ltd jumped over 5% in Thursday’s trading session after the company announced that it has secured a new order worth ₹2.56 crore for the supply and application of insulation. The order is expected to be executed within five months, strengthening the company’s project pipeline.
The stock was trading at ₹97.00, up ₹5.10 or 5.55%, from its previous close of ₹91.90 on the BSE. The scrip opened at ₹100.95 and touched a high of ₹100.95 and a low of ₹95.00 during the day. A total of 6,750 shares were traded on the counter.
The BSE group ‘M’ stock has a face value of ₹10 and a market capitalization of ₹63 crore. Over the past year, it has hit a 52-week high of ₹166.75 (February 11, 2025) and a low of ₹83.03 (January 13, 2025).
Promoters hold 65.00% of the company’s shares, while institutional investors and non-institutional investors hold 0.90% and 34.10%, respectively.
Indobell Insulations Ltd is engaged in the manufacturing and export of insulation products and offers comprehensive insulation services for industrial and infrastructure applications. The latest order reinforces the company’s expertise in delivering specialized insulation solutions across sectors.
My name is Bhupendra Singh Chundawat. I am an experienced content writer with several years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including technology, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.