Prostarm Info Systems Ltd, a leading UPS & inverter manufacturer and supplier in India, on Friday, March 13, 2026, said that,

The Company has received a Letter of Acceptance (LOA) from SAIL (Steel Authority of India Limited), a domestic entity. Source – BSE

Additionally, review Prostarm Info Systems IPO details.

Order Details

According to the exchange details, the new order is for the Supply, Installation, and Commissioning of a 2MW (AC) Rooftop Solar PV System at various buildings of the company’s plant.

The aforesaid orders have been received in the normal course of business, a company spokesperson added.

Find Prostarm Info Systems products list.

Prostarm Info Systems Secured An LOA From SAIL

Size of the Order

The total estimated value of the new order is worth Rs. 6.71 crore (Rupees Six Crores Seventy-one Lakhs Only).

Duration

The order is to be executed over a period of 12 months from the date of the Purchase Order, a company management official said.

Exchange Compliance

The Company has filed these details under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements Regulations, 2015 (the SEBI Listing Regulations).

Refer to prostarm info systems news for details.

Last Order Details

On February 14, 2026, Prostarm Info Systems awarded a contract from WBMSC, worth Rs. 4.29 Crores.

The company’s market capitalization is ₹740 Cr.

The stock is currently trading below its 20-day and 50-day Simple Moving Average.

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Disclaimer: The contents and data presented here are just for your information & personal use only. 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.

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Q1 – FY 2017-18 was bad for the Indian STEEL sector. Almost all the companies have posted a weak set of numbers in the quarter.

For the numbers, only 1 company out of 5 able to registered positive improvements both in the Revenue as well as Profits in April to June quarter of 2017-18 as compared to the same period last year – rest 4 companies fail to do so.

The Common Parameters for such Dismal Performance for the Sector

The current quarter was marked by industry wide destocking as customers in general adopted a cautious approach towards carrying inventories in run up to GST rollout, which impacted domestic sales volume.

Market Leader Performance:

Market leader TATA STEEL registered 39.36% growth in Revenues due to increased capacity in India and ongoing restructuring in Europe and 11.98% de-growth in Profits as compared to the same period last year.

Star Performer in the Sector:

The star performer in the sector for the quarter ended 30 June 2017 was Jindal Stainless (Hisar) where the company showed 50.47% increment in profit and 47.49% growth in Revenue as compared to the same period last year.

Here is the Data

Future Outlook

Considering the overall demand situation and the outlook, it is expected that the steel prices to remain buoyant in the international market and in line with that domestic steel prices will fluctuate. Historically, the growth in demand in the 2nd half of the year is much better. The Indian Steel Industry is hoping to see the repeat of the same thing so the growth in demand for steel will be 5% or more.

Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I ( Vishal Dalwadi ) or “Fin Blab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

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