Penny shares rise 11% after receiving orders to supply VFD panels

Vdeal System Ltd. is a complete solutions provider in the fields of Electrical Panels, Industrial Automation, Process Instrumentation and Industrial IoT (I-4). With over 20 years of experience, the company provides customized automation solutions to meet customer requirements. The company specializes in turning challenges into effective solutions through systems engineering and integration. As a premium systems integrator, the company has been ranked as the best systems integrator in the Eastern Region by various multinational corporations and customers.

stock price

The company’s stock closed at Rs. 144 on Monday, up 11.2% from the previous trading day’s closing price of Rs. On NSE it is 129.5.

Order victory

Vdeal System Limited has secured a significant new order for supply of Variable Frequency Drive (VFD) panels worth ₹7,46,71,246 (Rs 746 lakhs ₹71,246 million). This prestigious contract has been signed with one of our existing clients, further strengthening the relationship and demonstrating confidence in the company’s expertise. This order highlights our ability to provide high-quality solutions in the field of industrial automation. With this win, Vdeal System Limited continues to strengthen its position as a leading provider of innovative electrical and automation solutions that meet customer requirements.

conclusion

Vdeal System Ltd.’s recent VFD panel order further underlines its reputation as a leading supplier of automation solutions. Significant contracts not only improve the company’s financial prospects, but also strengthen strong relationships with existing customers. The market is reacting positively to this performance as the stock price has risen to Rs 144. Vdeal’s commitment to providing high-quality, customized solutions will greatly aid its future growth in the dynamic fields of electrical panels and industrial automation.

Written by: Deepangshu Kundu

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