Magnus Steel And Infra Secures Tata Motors Project Orders

Mumbai, May 11: Magnus Steel and Infra Ltd said it has received purchase orders for supply of steel products for Tata Motors Ltd manufacturing plant projects through contractor RIECO Industries Ltd, according to a regulatory filing submitted to BSE.

The company stated that it has been empanelled as an approved steel supplier for Tata Motors’ upcoming manufacturing facilities in Gujarat and Maharashtra. Supplies have commenced through Tata Motors’ project contractor, RIECO Industries Ltd, Pune.

As per the disclosure, the orders relate to supply of hot rolled steel plates, HR sheets and structural steel channels for industrial shed construction and related infrastructure works at automobile manufacturing facilities.

The company said purchase orders aggregating around ₹8.50 crore were received in March-April 2026 for approximately 1,200 metric tonnes of steel products. In addition, it disclosed a pipeline order book of around ₹24 crore expected to be released in phases during FY 2026-27 depending on project execution progress.

According to the filing, the estimated total order book from the engagement, including executed and pipeline orders, stands at approximately ₹32.50 crore.

The company added that deliveries are being executed in phases and the engagement marks its entry into the automotive OEM infrastructure supply chain.

Stock Market Snapshot

Magnus Steel share price traded higher after the company announced the Tata Motors-linked supply orders. Shares of the company were trading at ₹193.05, up 4.98%, as of 3:30 PM IST on May 11, 2026, according to market data.

Investor sentiment appeared supported by the scale of the disclosed pipeline orders and the company’s association with automotive manufacturing infrastructure projects.

Market participants also tracked management commentary regarding revenue visibility and diversification into industrial infrastructure supply operations.

About Magnus Steel And Infra

Magnus Steel and Infra Ltd operates in steel trading and infrastructure-related supply businesses.

The company supplies steel products including HR plates, sheets and structural materials used in industrial and infrastructure construction projects.

According to the company, it has expanded procurement arrangements with primary steel mills and strengthened working capital capabilities to support larger industrial supply contracts.

Conclusion

The Tata Motors project-linked order inflow marks a significant business development for Magnus Steel and Infra and expands its presence within the automotive manufacturing infrastructure segment.

With an estimated ₹32.50 crore order pipeline under execution and expected release phases, the engagement provides additional revenue visibility for the company during FY 2026-27.

Source:

• https://www.bseindia.com/stock-share-price/magnus-steel-and-infra-ltd/magnus/517320
• https://www.bseindia.com/xml-data/corpfiling/AttachLive/ebab5546-f29d-441f-aba5-2f890134bd89.pdf