Synopsis: Abha Power & Steel Limited has secured a new railway sector order worth Rs. 4.92 crore for supply of castings to a reputed Railway OEM. The latest order has taken the company’s total order book to around Rs. 20 crore, strengthening revenue visibility and railway sector presence.
Railway and engineering stock gains attention after securing a fresh casting supply order from a reputed Railway OEM. The latest development is expected to strengthen the company’s order pipeline and support future business growth amid rising investments in railway modernization and infrastructure manufacturing.
Abha Power and Steel Limited has a total market capitalization of Rs. 62.36 crore, according to data on the NSE. Abha Power & Steel shares were trading at Rs. 33.55 apiece on the National Stock Exchange; the stock has gained around 2.44 percent over the last five sessions, while it has gone up about 16.49 percent in the 30 days, whereas on a year-on-year basis it has increased nearly 4.68 percent, reflecting positive overall performance. The stock’s 52-week high was Rs. 55.25 and 52-week low was Rs. 23.55.
Abha Power and Steel Limited has announced that it has secured a new domestic order worth approximately Rs. 4.92 crore from a reputed Railway OEM. The contract relates to supply of castings as per delivery schedules and quality specifications.
The project is scheduled to be executed by December 31, 2026. According to the company, the order includes supply of goods subject to inspection and quality approvals under standard commercial terms.
The latest order is strategically important for Abha Power & Steel as it strengthens the company’s presence in the railway casting and engineering products segment. As of May 19, 2026, the company’s total order book stood at around Rs. 20 crore, reflecting stable demand and improving execution visibility.
India’s railway infrastructure sector continues witnessing strong investments in rolling stock, freight corridors, railway modernization and localization of engineering components. Companies engaged in railway castings and industrial manufacturing may continue benefiting from increasing procurement and infrastructure spending by the railways sector.
Abha Power and Steel Limited, founded in 2004, operates in the iron and steel foundry business and manufactures casting products catering to industries including Indian Railways, steel, cement, mining, power and heavy engineering. The company currently operates two foundries with a combined installed manufacturing capacity of 14,400 MTPA at its Bilaspur facility in Chhattisgarh.
Overall, the Rs. 4.92 crore railway order strengthens Abha Power & Steel’s order pipeline and supports future revenue visibility. Going forward, railway sector demand, manufacturing expansion, raw material prices and execution efficiency will remain key factors influencing the company’s future performance.
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