Corporate Actions
Defrail Technologies bags Indian Railways order

26-Mar-26   14:17 Hrs IST
The company said it has received a purchase order for the supply of air brake hose coupling systems used in brake and feed pipes of trains. The contract, valued at around Rs 1.48 crore, is domestic in nature and not a related party transaction.

Defrail Technologies is engaged in the manufacturing of rubber parts and components, including rubber hoses and assemblies, rubber profiles and beadings, and rubber moulded parts. Its products have diverse applications across various industries such as automotive, railways, and defence. The company assists clients in selecting the appropriate products for their specific applications and also provides design and customization options based on the intended use. As of 30 November 2025, the company had a total workforce of 298 individuals, including workers.

The company recorded revenue from operations of Rs 39.08 crore and net profit of Rs 1.51 crore for the period ended 30 September 2025.

The stock was listed on the BSE on 19 January 2026 at Rs 95, reflecting a premium of 28.38% over its IPO price of Rs 74.

The stock rose 1.69% to settle at Rs 84 on Wednesday, 25 March 2026.

Powered by Capital Market - Live News

Attention Investors: Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.|| KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.|| No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.