2026-08-18 17:33:37
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Stock Report
Admach Systems Ltd Secures ₹159.30 lakhs Order for Bar Handling System for Auto-UT Machine
Posted On : 2026-08-18 14:56:36( TIMEZONE : IST )
Admach Systems Ltd (544669), a bespoke, tech-first engineering solutions company, has received an order valued at approximately ₹159.30 lakhs, including GST from a domestic steel and alloy manufacturing company for the supply of a Bar Handling System for an Auto-UT Machine. With this order, the company's current order book stands at approximately ₹68.37 crore, including GST.
1. Name of the entity awarding the order(s)/contract(s): Domestic steel and alloy manufacturing company
2. Payment Terms:
- 10% of Supply basic order value as advance
- 80% of Payment including GST against Proforma Invoice and factory acceptance testing
- 10% (balance payment) after successful commissioning of equipment
3. Nature of Order: Bar handling System for Auto-UT Machine
4. Time Period for execution: 7 Months
Commenting on the development, Mr. Ajay Longani, Managing Director & Chairman, said: "The receipt of this order reflects the continued trust and confidence of our customers in Admach's engineering capabilities and execution strength. While the steady flow of orders provides encouraging visibility and confidence in managing our business targets for the upcoming period. The Bar Handling System for an Auto-UT Machine also adds to our capabilities in delivering specialised automation and material handling solutions for the steel and alloy manufacturing sector. With a current order book of approximately ₹68.37 crore, we remain focused on consistent execution, timely delivery and building long-term value for our customers and stakeholders."
Shares of Admach Systems Limited was last trading in BSE at Rs. 381.60 as compared to the previous close of Rs. 375.00. The total number of shares traded during the day was 13800 in over 21 trades.
The stock hit an intraday high of Rs. 390.00 and intraday low of 375.00. The net turnover during the day was Rs. 5291460.00.
