Billwin Industries Share Price Jump 9.51% After Securing ₹2.93 Crore Defence Garments Order

Mumbai, November 19: Billwin Industries’ share price is witnessing a heavy rally today after it announced that it has secured a new defence garments order. As of 2:38 PM, Billwin Industries’ share price was up by 9.51%, or 2.90 points, and was trading at ₹33.40. Until now, the shares have traded within a range of ₹33.40 and ₹33.40, as it reached the price right after the market opened, which is also its upper circuit. The traded volume for the Billwin Industries shares stood at 3 thousand shares, with the company’s market cap at ₹13 crore. The shares have their 52-week high at ₹49.90 and their 52-week low at ₹23.

Billwin Industries Limited (BSE: 543209) is an Indian manufacturing company. It specialises in manufacturing protective garments, rainwear, and outdoor gear. It designs and manufactures waterproof protective wear, slicker suits, safety uniforms, industrial coveralls, and life jackets for the safety and defence sectors. The company was established in 2014 and is headquartered in Mumbai, Maharashtra.

Shares Jump After Company Announces ₹2.93 Crore Defence Garments Order

The rise in the share price comes after the company announced that it has received a new defence garments order. The order is from M/s Pegasus Engineering and Commercial Corporation Pvt Ltd and is valued at ₹2.93 crore. The order includes the manufacturing and supply of protective gear, rainwear coats, jackets, winter jackets, river raft boats, and inflatable dinghies. The execution timeline has been set by December 2025. The order is domestic and includes no related-party transaction.

Investors Takeaway

The order win by Billwin Industries is a positive sign for the company and the investors. The ₹2.93 crore order from Pegasus Engineering and Commercial Corporation will add to the company’s revenue and potential profits. It also indicates that the company has operational efficiency and can execute quick orders, as the execution timeline is December. The order announcement has boosted investor demand, and the shares are trading higher.

REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/7e7e61ba-dca7-436e-803a-4fa81bdd6ec2.pdf

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