StockWatch
·
Civil Construction
Deals5 Oct 2026, 01:07 pm

Simplex Infrastructures Wins ₹255.52 Cr Oil Drilling Contract

AI Summary

Simplex Infrastructures Ltd has secured a new contract for oil drilling services from Oil India Limited, valued at approximately ₹255.52 Crores. This award, along with several other orders received across various sectors and locations from both public and private sectors aggregating approximately ₹920 Crores during the current financial year, significantly strengthens the company's order book. These new contracts are expected to pave the way for future business growth.

Key Highlights

  • Secured a new oil drilling contract worth ₹255.52 Crores from Oil India Limited.
  • Received additional orders totaling approximately ₹920 Crores this financial year.
  • Strengthened order book expected to drive future business growth.
  • Contracts span across various sectors and locations.