Oswal Pumps Limited, one of India’s fastest-growing, vertically integrated solar pump manufacturing companies, declared that,

The Company has received an order from Maharashtra State Electricity Distribution Company Ltd (MSEDCL), a domestic entity. Source: BSE.

Order Details

According to the BSE filing, Oswal Pumps has received an additional order from MSEDCL for the supply and installation of 10,000 off-grid solar photovoltaic water pumping systems.

The Order encompasses the Design, Manufacture, Supply, Transport, Installation, Testing, and Commissioning of Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) with capacities of 3 HP, 5 HP & 7.5 HP.

According to the company spokesperson, these systems will be installed at identified farmers’ sites in the District of Maharashtra, with a complete system warranty, repair and maintenance, and a Remote Monitoring System (RMS) for 5 years.

The Company has secured this order under the PM Kusum B Scheme “Magel Tyala Saur Krishi Pump” Yojana.

Oswal Pumps

Order Value

The total value of this additional order is INR 235.92 Crore (Rupees Two Hundred Thirty-five Crore and Ninety-two Lac Only), including GST.

Time Duration

The Installation is to be completed within 60 days from the date of issuance of the Notice to Proceed (NTP)/Work Order.

Refer to oswal pumps latest news for further details.

Management View

Commenting on the order, Vivek Gupta, Chairman and Managing Director, Oswal Pumps Limited, said –

We are delighted to receive this additional order for 10,000 solar pumps, which reflects the strong and enduring partnership we have built with MSEDCL, driving Maharashtra’s solar irrigation mission.

This repeat order underscores the trust our customers place in Oswal Pumps and stands as a testament to our consistent execution, timely deliveries, and unwavering commitment to quality across every project we undertake.

With this latest award, our cumulative order book under various solar pumping schemes continues to expand, further reinforcing Oswal Pumps’ position as one of India’s leading partners for large-scale solar water pumping solutions.

Company Overview & Others

Market Cap: Oswal Pumps Ltd has a total market capitalization of ₹4,845 crore as of July 6, 2026, according to the NSE data.

Technical: The stock is currently trading above its 20-day, 50-day, and 100-day simple moving averages (SMAs).

Price Performance: On a year-to-date basis, Oswal Pumps’ share has declined by 19.20% and increased by 30% over the last three-month period. However, the company’s shares have been trading 3% higher over the last month.

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Disclaimer: This article is purely for informational purposes.

While much time and effort is made to provide the information, I (Vishal Dalwadi) or (FinBlab) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Oswal Pumps Secures MSEDCL Order appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

Inox India: History

The Company was originally incorporated in Gujarat, India, as a public company under the Companies Act, 1956, on December 21, 1976, as ‘Baroda Oxygen Limited’.

Its name was subsequently changed to ‘Inox India Limited’ upon re-conversion into a public limited company, and a fresh certificate of incorporation was issued by the RoC on July 14, 2022.

Inox India: Business

Incorporated in 1976, Inox India Limited offers solutions across the design, engineering, manufacturing, and installation of equipment and systems for cryogenic conditions.

The Company’s offering includes standard cryogenic tanks and equipment, beverage kegs, bespoke technology, equipment, and solutions.

It also undertakes large turnkey projects which are used in industries such as industrial gases, Liquefied natural gas (LNG), green hydrogen, energy, steel, medical & healthcare, chemicals & fertilizers, aviation & aerospace, pharmaceuticals, and construction.

Business Divisions

1. Industrial Gas: This division manufactures, supplies, and installs cryogenic tanks and systems for storage, transportation, and distribution of industrial gases like green hydrogen, nitrogen, oxygen, argon, carbon dioxide (CO2), and hydrogen, and provides after-sales services.
2. LNG: This division manufactures, supplies, and installs standard and engineered equipment for LNG storage, distribution, and transportation, as well as small-scale LNG infrastructure solutions suitable for industrial, marine, and automotive applications.
3. Cryo Scientific: This division provides equipment for technology-intensive applications and turnkey solutions for scientific and industrial research involving cryogenic distribution.

Manufacturing Facilities

The Company has three manufacturing facilities located at Kalol (Gujarat), the Kandla Special Economic Zone (Gujarat), and Silvassa (Dadra and Nagar Haveli).

International Presence

The company exports its products and services to 100+ countries, including Australia, Brazil, Korea, the United States, Saudi Arabia, the Netherlands, the United Arab Emirates, and Bangladesh.

Recent Updates

Inox India Ltd secures multiple orders worth ₹322 Cr on May 21, 2026.

Co’s CEO highlights the Semiconductor Division, poised to expand with new plants, projecting a ₹100 Cr contribution through Ultra High-Purity Gas containers.

The Company reported its highest-ever annual Revenue of ₹1,632 Cr in FY26, with a robust 21.2% Y-o-Y growth.

The management remains optimistic about opportunities across LNG infrastructure, aerospace, clean energy, scientific infrastructure, and advanced cryogenic applications.

With upcoming Kandla facility, expanding global footprint, and increasing share of high-value engineered products, the company is well positioned to deliver scalable growth and long-term value creation.

Listed On

The shares of Inox India Ltd are presently listed on the Bombay Stock Exchange (BSE), CODE 544046, and the National Stock Exchange (NSE) as INOXINDIA.

Stock Info

Share Holding Pattern

Financial

Conclusion

INOX India Limited is one of the largest manufacturers of Cryogenic Storage, Regas and Distribution Systems for LNG, Industrial Gases, Liquid Hydrogen, and Cryo-Scientific applications with operations in India, Brazil, and Europe.

As of March 2026, Promoters of the company hold a 75 percent stake in the company.

Along with this, some of the top institutions, such as Goldman Sachs, Fidelity Funds, ICICI Prudential, DSP India T.I.G.E.R. Fund, hold more than 1 percent stakes in the company (as of March 2026).

For FY2027, the company targets 20% revenue growth, with quarterly order booking expected to grow at ₹450 to ₹500 Cr.

On the technical front, Inox India’s share is trading above its 20-day SMA (1855) and 200-day SMA (1291) on the daily chart.

Considering the above-listed factors in mind, Inox India Limited looks good at ₹1800 – ₹1850.

FinBlab recommends investing in a stock, keeping a long-term (2 to 3 years) view in mind. (One can also accumulate on a decline).

Value Pick Stock Performance

Happy Forgings Ltd (25% Returns in 4 months). Check here.

R R Kabel Ltd (10% Returns in 1 month). Check here.

Disclaimer: This article is purely for informational purposes.

While much time and effort is made to provide the information, I (Vishal Dalwadi) or (FinBlab) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Inox India Limited: Value Pick Stock July 2026 appeared first on Upcoming ipos: Latest news on stocks, economy & finance.