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Order win

HLE Glascoat: Receiving of orders / contracts by the Company's Subsidiary, Kinam Engineering Industries Private Limited

HLE Glascoat (BSE: HLEGLAS) said it has received an order. The company is valued at about ₹2,932 crore.

BCEIE News Desk · Published 10 Nov 2026, 01:33 pm IST · Filing received 10 Nov 2026, 01:16 pm IST

What happened

HLE Glascoat (BSE: HLEGLAS) informed the stock exchanges on 10 November 2026 at 01:16 PM that it has received an order.

From the filing: "HLE Glascoat Limited has informed the Exchange about Receiving of orders / contracts by the Company's Subsidiary, Kinam Engineering Industries Private Limited."

Company snapshot

HLE Glascoat is a small-cap company, with a market value of about ₹2,932 crore.

The stock last traded at ₹422.2, against a 52-week range of ₹250–₹605 (30.2% below the high).

Before this filing the shares had moved −5.3% over the month and −11.0% over three months. Average daily turnover over the last 20 sessions was about ₹5.11 crore.

Promoters held 65.64% at the end of Q2 FY27. Foreign institutions owned 1.60% and domestic institutions 4.78%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q2 FY2663528.44.16
Q3 FY263272.80.41
Q4 FY2639218.22.65
Q1 FY273012.80.4
Q2 FY2734714.32.06

What history shows

This is not the company's first order win disclosure: BCEIE has 1 earlier filing of this kind on record since May 2026.

Market-wide, 2,204 order win filings with an impact score of 50 or more saw an average next-day move of +0.9%, with 54% rising.

Past reactions describe what happened before; they are not a forecast.

What to watch

  • Execution progress and revenue recognition from this order in the coming quarters.

In the news

Recent coverage elsewhere (links open the original publisher):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.

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