Innomet Secures ₹76.97 Lakh Order for Metal Powder Division; Shares Rise Nearly 4%

Mumbai, June 16: Innomet Advanced Materials announced that it has received a purchase order worth ₹76.97 lakh from Enar Weld Braze Pvt. Ltd., a domestic company, according to an exchange filing made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company said the purchase order, dated June 13, pertains to its Metal Powder Division. The total consideration of the order stands at ₹76,97,000.

As per the regulatory disclosure, the order has been awarded by a domestic entity and will be executed in line with the delivery schedule specified in the purchase order.

The company further clarified that neither the promoter nor promoter group entities have any interest in the customer and the transaction does not fall under related-party arrangements.

Stock Market Snapshot

Innomet share price moved higher after the disclosure of the new purchase order.

The stock traded at ₹109.95, up 3.73%, as of 09:56 IST on Tuesday.

Innomet share price attracted buying interest in early trade as investors reacted to the fresh business order and continued traction in the company’s specialised materials segment.

Although the order size is relatively modest, market participants often monitor recurring order inflows in niche manufacturing businesses as indicators of operational momentum and customer demand.

Order Strengthens Commercial Visibility

The latest purchase order adds to the company’s order pipeline within its metal powder business.

Metal powders are used across a range of industrial applications including welding consumables, additive manufacturing, thermal spraying, tooling and engineering components. Demand in the segment is increasingly linked to growth in advanced manufacturing and precision engineering industries.

The order also reflects continued engagement with domestic industrial customers, supporting near-term revenue visibility for the division.

Company Background

Innomet Advanced Materials Limited operates in the advanced materials and metal powder manufacturing space.

The company supplies specialised powders and engineered material solutions catering to industrial applications across manufacturing, engineering and allied sectors.

Its business focuses on value-added material technologies serving both domestic and industrial customers.

Conclusion

The ₹76.97 lakh purchase order from Enar Weld Braze provides incremental business visibility for Innomet’s Metal Powder Division and highlights ongoing demand within the specialised materials segment.

While the order is not transformational in size, investors responded positively to the development, pushing the stock higher in early trading on June 16.

Source:

• https://www.nseindia.com/get-quote/equity/INNOMET/Innomet-Advanced-Materials-Limited
• https://nsearchives.nseindia.com/corporate/INNOMET_15062026130417_intimation.pdf