Penny stock jumps 11% after receiving order for the supply of VFD panels

Penny stock jumps 11% after receiving order for the supply of VFD panels


Vdeal System Ltd. is a complete solution provider in the fields of Electrical Panels, Industrial Automation, Process Instrumentation, and Industrial IoT (I-4). With over 20 years of experience, the company is into providing automation solutions tailored to meet the needs of its clients. The company specializes in transforming challenges into effective solutions by engineering and integrating systems. As a Premium System Integrator, the company has been ranked the best system integrator in the Eastern region by various MNCs and customers. 

Share Price 

The company’s share closed at Rs. 144 on Monday, up 11.2 % from the previous close of Rs. 129.5 on NSE. 

Order Win

Vdeal System Limited has secured a significant new order for the supply of Variable Frequency Drive (VFD) Panels, valued at ₹7,46,71,246 (Rupees seven crore forty-six lakhs seventy-one thousand two hundred forty-six only). This prestigious contract comes from one of the existing clients, further strengthening the relationship and demonstrating their trust in the company’s expertise. The order highlights the capability to deliver high-quality solutions in the field of industrial automation. With this win, Vdeal System Limited continues to reinforce its position as a leader in providing innovative electrical and automation solutions tailored to meet client needs. 

Conclusion 

Vdeal System Ltd.’s recent order win for VFD Panels underscores its reputation as a leading provider of automation solutions. The significant contract not only boosts the company’s financial outlook but also reinforces its strong relationship with existing clients. As the share price rises to ₹144, the market responds positively to this achievement. Vdeal’s commitment to delivering high-quality, tailored solutions positions it well for future growth in the dynamic fields of electrical panels and industrial automation. 

Written By: Dipangshu Kundu

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