Synopsis: Two micro-cap stocks gained attention after securing new contracts, boosting growth prospects. Rajputana Biodiesel Limited and East India Drums & Barrels Manufacturing Ltd won orders from Public Sector Oil Companies.
Several micro-cap companies have recently attracted investor attention after announcing fresh work orders that could significantly boost their revenue visibility and market standing. These developments highlight growing business momentum and potential turnaround opportunities within this cap segment. Here’s a closer look at two such micro-cap stocks now in focus following their latest contract wins.
Here is the list of Micro-cap Stocks with new orders
Rajputana Biodiesel Limited
Rajputana Biodiesel Limited is an Indian renewable energy company, established in 2016, focused on producing high-quality biodiesel from varied feedstocks like used cooking oil and vegetable oils, alongside valuable by-products like glycerine and fatty acids for soaps, detergents, and cosmetics. They operate from Phulera, Rajasthan, aiming to reduce fossil fuel dependence through sustainable, flexible production, with plans to tap into the export market and enhance value from their co-products.
With a market capitalization of Rs. 174.43 crores on Tuesday, the shares of Rajputana Biodiesel Limited jumped upto 0.02 percent, making a high of Rs. 248.00 per share compared to its previous closing price of Rs. 247.95 per share.
Rajputana Biodiesel Limited (formerly Rajputana Biodiesel Private Limited) has announced that its subsidiary, Nirvaanraj Energy Private Limited, has received Letters of Intent (LOIs) from major Indian Oil Marketing Companies, Indian Oil Corporation Limited (IOCL), Hindustan Petroleum Corporation Limited (HPCL), and Bharat Petroleum Corporation Limited (BPCL).
The order is for supplying biodiesel, and these LOIs, issued on December 22, 2025, are for a total of 1,237 kiloliters of biodiesel, with an estimated order value of around Rs. 10.45 crore, covering the period from November 2025 to March 2026, and the company also expects to receive LOIs for the remaining tender volumes soon.
East India Drums & Barrels Manufacturing Ltd
East India Drums & Barrels Manufacturing Ltd. (EIDB) is a leading Indian manufacturer of industrial packaging, specialising in high-quality steel drums, barrels, and custom solutions for chemicals, oils, food, and other products, known for its advanced facilities in Daman, Karjat, and Sonipat, and has an UN approval for hazardous materials.
With a market capitalisation of Rs. 129.64 crores on Tuesday, the trading of shares of East India Drums and Barrels Manufacturing Ltd was restricted for the day. The shares were last traded yesterday, with the previous closing price at Rs. 87.75 per share.
East India Drums and Barrels Manufacturing Limited has received a Letter of Acceptance from Indian Oil Corporation Limited (a Maharatna PSU) for the supply of 45,000 open-top MS steel barrels (1.25 mm and 1.00 mm) for grease lubricants, with a total contract value of Rs. 8.60 crore, inclusive of GST.
The order, to be delivered to IOCL’s Grease Plant in Vashi, Navi Mumbai, will be executed over 12 months from the date of the purchase order. This is a domestic order, not a related-party transaction, and highlights the company’s strong relationship with IOCL, its manufacturing capabilities, and its quality standards.
The company has also received an order yesterday, which has been awarded by Munitions India Limited, a Central PSU under the Ministry of Defence, through the Government e-Marketplace (GeM). The contract is for the supply of 1,500 units of 200-litre steel barrels with lids and ring locking arrangements, valued at Rs. 39.6 lakh inclusive of all taxes. Delivery is scheduled at Ordnance Factory Bhandara, Maharashtra, from 18 December 2025 to 16 June 2026.
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