Electrical Equipment Manufacturer Bags New Orders Worth Rs 1,74,16,800 From Jindal Steel & Power Ltd

The company has a market cap of over Rs 71 crore and the stock is up by 45 per cent from its 52-week low of Rs 100.25 per share.

Vdeal System Limited has secured a significant domestic order from Jindal Steel & Power Limited, a valued client, for the upgradation of the entire DRI plants' DC drive automation panel with the latest smart IoT-enabled technology at JSPL Raigarh, Odisha. The contract, valued at Rs 1,74,16,800.00 (Rupees one crore seventy-four lakh sixteen thousand eight hundred only), is scheduled for completion and delivery by September 30, 2025. This project underscores Vdeal System Limited's expertise in providing advanced automation solutions and strengthening its partnership with key industrial clients.

Incorporated in 2009, Vdeal System Ltd (VDSL) is an ISO 9001:2008 certified company registered under NSIC, DIC, and MSME, operating as a solution provider in the electrical engineering domain. Their business encompasses the manufacturing and trading of electrical control panel boards, positioning them as a Premium System Integrator offering expertise in Electrical Panels, Industrial Automation (including VFD Drivers, PLC/Scada/HMI, and Soft Starters), Process Instrumentation, and Industrial IoT (I-4). VDSL also provides Energy Management Systems, offering computer-aided tools for electric utility grid optimisation, and a diverse range of panel products including PCC, MCC, PMCC, APFC, VFD, Soft-starter, PLC-based process control, Control Desk & MIMIC Panels, and Junction Boxes, alongside Bus Duct solutions in both Air Insulated and Sandwich configurations.

The company has a market cap of over Rs 71 crore and the stock is up by 45 per cent from its 52-week low of Rs 100.25 per share. The shares of the company have an ROE of 64 per cent and an ROCE of 44 per cent.

Disclaimer: The article is for informational purposes only and not investment advice.