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Expo Gas Containers Secures ₹261 Million Order from BPCL, Boosting Growth Prospects


Updated: May 30, 2025 12:01

Image Source: Crunchbase
Expo Gas Containers Ltd has received a work order worth ₹261 million from Bharat Petroleum Corporation Ltd (BPCL), marking a significant milestone in its engineering and manufacturing operations. The order is expected to strengthen the company’s revenue pipeline and enhance its market positioning in the industrial equipment sector.
 
Key Highlights
  • Major Contract Win: Expo Gas Containers secured a ₹261 million order from BPCL’s Mahul, Mumbai Refinery, reinforcing its presence in the oil and gas infrastructure segment.
  • Execution Timeline: The contract is set to be completed within three years, aligning with BPCL’s expansion and modernization plans.
  • Financial Impact: The order adds to Expo Gas Containers’ strong Q4 order book, which stood at ₹888.4 million as of March 2025.
  • Previous Contracts: Earlier, the company had bagged a ₹372.2 million order from BPCL for storage tank construction at Paradeep Installation.
  • Stock Performance: Following the announcement, Expo Gas Containers’ share price surged 4%, hitting ₹51.95 per share, reflecting investor optimism.
  • Long-Term Growth: The company has delivered multibagger returns, rallying 350% in two years and 2,280% in five years, showcasing strong business fundamentals.
Expo Gas Containers continues to expand its footprint in heavy engineering, leveraging strategic contracts and industry partnerships to drive growth.
 
Source: Live Mint, Economic Times, Trendlyne

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