Walchandnagar Industries Secures Rs 30.53 Cr VSSC Order for Gaganyaan
By ThePip Desk
Walchandnagar Industries’ stock rises 2.32% after securing a Rs 30.53 crore order from VSSC for Gaganyaan motorcase segments, highlighting its role in India’s space program.
Walchandnagar Industries shares saw a notable uptick today, gaining 2.32% to trade at Rs. 228.95 on the BSE.
This surge follows the company’s announcement of a significant new order from the Vikram Sarabhai Space Centre (VSSC), reinforcing its position in specialized manufacturing.
Key Order Details
- Order Value: Rs 30.53 crore (plus GST)
- Client: Vikram Sarabhai Space Centre (VSSC)
- Project: Fabrication, proof pressure testing, and supply of HS200 Motorcase Segments for Gaganyaan
- Execution Period: Within 4 years from contract date
The mandate from VSSC underscores Walchandnagar Industries’ expertise in high-tech components for critical space missions. This specialized contract highlights the company’s contribution to India’s space program.
Market Performance Snapshot
The stock opened at Rs. 228.70, hitting an intraday high of Rs. 231.70 and a low of Rs. 227.10.
A total of 31,795 shares were traded on the counter, reflecting active investor interest. The company’s current market capitalization stands at Rs. 1542.11 crore.
- Previous Closing Price: Rs. 223.75
- Last One Week High: Rs. 235.85
- Last One Week Low: Rs. 216.55
- 52-Week High (19-Jun-2026): Rs. 315.85
- 52-Week Low (30-Mar-2026): Rs. 131.05
Company Overview and Shareholding
Walchandnagar Industries (WIL) holds an ISO 9001:2015 certification, operating with a global presence and a diversified portfolio spanning Projects, Products, and High-tech Manufacturing.
The shareholding structure indicates a significant non-institutional presence.
- Promoter Holding: 31.59%
- Institutional Holding: 2.82%
- Non-Institutional Holding: 65.59%