Shares of Indobell Insulations Ltd (BSE: 544334, INDOBELL) surged to the 5% upper circuit at ₹116.55 on Monday, rising from the previous close of ₹111.00. At 10:08 a.m. IST, the stock was frozen at the day’s high, driven by recent confirmed export orders from GE Vernova Operations LLC, Cambridge.
The company disclosed on September 12, 2025, that it had secured two international export contracts: the first worth USD 1,61,900 and the second USD 22,700, both scheduled for completion by August 2026. The deals involve design and supply of specialised insulation, further strengthening Indobell’s overseas market presence.
Indobell Insulations, listed on the BSE SME IPO platform, operates within the specialised industrial insulation segment, catering to both domestic and global markets. The company’s market capitalisation now stands at ₹73.43 crore, with a 52-week high of ₹166.75 and a low of ₹83.03.
The confirmed contracts, free from any related-party implications, have enhanced visibility for Indobell’s international business pipeline. The stock’s sharp rise to the upper circuit reflects investor confidence in the company’s growing global footprint.
