Suprajit Engineering Limited - Business Update

Pursuant to the strategic restructuring of GCM Division (formerly SCD), Suprajit Engineering Limited has been awarded multiple new contracts across its Matamoros, Morocco, China, and India plants. In the month of May 2026 alone, GCM division secured material new contracts worth approximately USD 12 million /year with an estimated lifetime value of USD 75 million.

Key wins include:

- Largest-ever EV cable contract - North American auto major, USD 5.25 million / year, lifetime USD 37 million, for Matamoros Mexico plant.

- European luxury OEM - USD 2 million /year, lifetime USD 12 million

- Japanese OEM - USD 1.2 million /year, lifetime USD 6 million

- Additional wins from a leading Chinese EV manufacturer and other new customers

These awards validate GCM's multi-geography supply chain footprint and its acceptance among global OEM customers.

Customer Recognitions:

SAL and SED have also received Awards in May including the GM "Supplier Quality Excellence Award" for ramping up a record contract, and the M&M "Mahindra Last Mile Mobility Award" for SED's e-throttle programme, which delivered rare-earth free throttles in record time.

An advanced testing facility for braking products was inaugurated on 1st June 2026.

Shares of Suprajit Engineering Limited was last trading in BSE at Rs. 460.55 as compared to the previous close of Rs. 474.45. The total number of shares traded during the day was 8778 in over 458 trades.

The stock hit an intraday high of Rs. 478.00 and intraday low of 454.00. The net turnover during the day was Rs. 4080074.00.

Source : Equity Bulls

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