Shares of Arfin India Ltd surged 4.99% to ₹47.30, locking in at the 5% upper circuit on Friday after the company announced a major order win.
The company has secured a significant order from its distributor, JFE Shoji India Pvt. Ltd., a domestic arm of Japan’s JFE Shoji Corporation, for the local supply of Aluminium Ingots, Aluminium Wire Rods, and Aluminium Cubes/Shots.
Order details
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Total value: ~₹180 crore
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Quantity: 6,900 MT
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Execution period: October 2025 – March 2026 (6 months)
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Monthly supply: ~1,150 MT worth ₹30 crore
The company said the order further strengthens its domestic and international presence, highlighting the trust and long-term relationship with its distributor.
The positive development triggered strong investor sentiment, sending Arfin India’s stock price straight to the upper circuit in today’s trade.