20% Upper Circuit: Stock skyrockets after receiving order worth more than its market cap

Synopsis:- Shares hit a 20% upper circuit after securing a ₹115 crore Mumbai Metro contract, larger than its ₹82 crore market cap. The order spans 240 metro cars with execution from May 2026 to November 2028, strengthening its position in India’s expanding rail infrastructure space.

The shares of the metal component manufacturer hit a 20 percent upper circuit in today’s trading session after the company bagged a significant work order of Rs 115 crore from Titagarh Rail Systems Limited.

With a market capitalisation of Rs 82.08 crore, the shares of Presstonic Engineering Limited closed at Rs 53.25 apiece, increased around 19.93 percent as compared to the previous closing price of Rs 44.40 apiece.

Significant order

The shares of Presstonic Engineering have seen bullish movement after securing a major  Rs 115.09 crore contract from Titagarh Rail Systems for the Mumbai Metro Lines 5 and 6 project. The order covers design, manufacturing, installation, testing, and commissioning of saloon interiors for 240 metro cars. With deliveries scheduled between May 2026 and November 2028. 

Financial & other Highlights

Looking forward to the financial performance of the company, revenue has increased by 12 percent from Rs 17.96 Crore to Rs 20.17 Crore from March 2025 to Sep 2025. In addition to that, during the same period, the company’s net profit reduced by 94 percent from Rs 5.29 Crore to Rs 0.33 Crore.

Presstonic Engineering has observed a sharp moderation in its operating performance from March 2025 to September 2025. The actual operating profit has decreased from Rs 7.29 crore to Rs 2.59 crore from March 2025 to September 2025. Also, OPM has decreased considerably from a high of 40.59% to 12.84%.

Presstonic Engineering has built a strong presence in the metro rail ecosystem, supplying to reputed clients such as UP Metro, Pune Metro, Mumbai Metro, Jaipur Metro, Nestle, Carrier, and Prestige. Its association with major infrastructure and corporate names highlights execution capability and quality standards. The company appears well-positioned within India’s expanding urban transit and infrastructure development landscape.

The company offers a diversified product portfolio spanning rolling stock interior and non-interior components, metro rail signalling systems, and broader infrastructure products. From seats and grab poles to cable management systems, enclosures, and solar support structures, Presstonic Engineering caters to both mobility and industrial segments, strengthening its role as a specialised engineering solutions provider.

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