Expo Engineering Bags ₹2.31 Cr Order from L&T for Gujarat Steel Project

Synopsis: Expo Engineering and Projects Limited has secured a new work order worth Rs. 2.31 crore from Larsen & Toubro for ducting works related to the AMNS BF#3 Project at Hazira, Gujarat. The order is expected to strengthen the company’s engineering project pipeline and revenue visibility.

Engineering stock gains attention after securing a fresh industrial project order from Larsen & Toubro for the AMNS BF#3 Project in Gujarat. The latest development is expected to strengthen the company’s order book and support future business growth in industrial engineering and infrastructure projects.

Expo Engineering and Projects Limited has a total market capitalization of Rs. 127.20 crore, according to data on the BSE. Expo Gas shares were trading at Rs. 55.80 apiece on the Bombay Stock Exchange, down by 2.52 percent; the stock has declined around 7.31 percent over the last five sessions, while it has gone down about 19.24 percent in the 30 days. Over a six-month period, the stock has given a negative return of 21.14 percent, whereas on a year-on-year basis it has decreased nearly 10.42 percent, reflecting negative overall performance. The stock’s 52-week high was Rs. 111 and 52-week low was Rs. 46.40.

Expo Engineering and Projects Limited has announced that it has secured a new domestic work order worth approximately Rs. 2.31 crore from Larsen & Toubro Limited, Construction Division. The contract relates to execution of 200 MT Cast House Deducting Ducts work for the AMNS BF#3 Project at Hazira, Gujarat.

According to the company, the project is scheduled to be executed as per the purchase order terms and the delivery timeline is expected by June 30, 2026. The order value includes GST at 18 percent.

The latest order is strategically important for Expo Engineering and Projects as it strengthens the company’s position in industrial engineering and fabrication-related projects. Orders from large infrastructure and engineering companies such as Larsen & Toubro generally improve execution visibility and support future order opportunities in the industrial projects segment.

India’s industrial engineering and infrastructure sector continues witnessing strong investments across steel, manufacturing, energy and heavy engineering projects. Companies engaged in fabrication, pressure vessels, industrial equipment and site engineering services may continue benefiting from rising industrial capex and infrastructure expansion.

Expo Engineering and Projects Limited, formerly known as Expo Gas Containers Limited, was incorporated in 1982 and operates in the manufacturing of pressure vessels, columns, towers and engineering products. The company is also involved in industrial fabrication and site engineering projects.

Overall, the Rs. 2.31 crore order strengthens Expo Engineering and Projects’ order pipeline and supports future revenue visibility. Going forward, industrial capex, execution efficiency, engineering demand and additional project inflows will remain key factors influencing the company’s future performance.

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