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Expo Engineering Shares Jump 4.03% on BPCL Order

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By ThePip Desk•
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A digital stock chart showing an upward trend for Expo Engineering shares, with the BPCL logo and a refinery complex visible in the background.

Stock chart shows Expo Engineering surge; BPCL refinery in background.

Key Highlights

Expo Engineering shares surged 4.03% to Rs 93.88 after securing a Rs 3.62 crore tank fabrication order from BPCL’s Mumbai Refinery for the SAF Project.

Expo Engineering And Projects saw its shares surge by 4.03% today, climbing 3.64 points to Rs. 93.88 on the . This significant upward movement followed the announcement of a new work order from Bharat Petroleum Corporation (BPCL), Mumbai Refinery.

Order Details

  • Current Trading Price: Rs. 93.88
  • Percentage Gain: 4.03%
  • : Rs. 90.24
  • Order Value: Rs 3.62 crore (inclusive of taxes)

The contract, valued at Rs 3.62 crore, is specifically for tank fabrication works for the SAF Project located at BPCL’s Mumbai Refinery. Expo Engineering expects to complete this order within 10 months from the date of the Purchase Order.

Market Performance

The scrip opened the day at Rs. 92.49, reaching an intraday high of Rs. 94.30 and a low of Rs. 88.30. A total of 115 shares were traded on the counter during the session.

  • : Rs. 111.00 (on 24-Sep-2025)
  • : Rs. 46.40 (on 23-Mar-2026)
  • Last One Week High: Rs. 98.00
  • Last One Week Low: Rs. 81.05

Expo Engineering And Projects, which carries a face value of Rs. 4 per share, recorded a current market capitalization of Rs. 217.77 crore. This valuation reflects its position in the ‘X’ group on the BSE.

Ownership Structure

The company’s shareholding pattern indicates a clear distribution among various investor groups. maintain a majority stake, while institutional and non-institutional investors hold substantial portions.

  • Promoters Holding: 56.95%
  • Holding: 10.30%
  • Non-Institutions Holding: 32.75%

Known previously as Expo Gas Containers, Expo Engineering and Projects specializes in manufacturing diverse Process Plant Equipments. Their product portfolio includes Coded Pressure Vessels, Distillation Columns, Towers, Reactors, and Heat Exchangers, among others.

The successful acquisition of this BPCL contract underscores the company’s continued involvement in essential industrial infrastructure projects, reinforcing its market standing.