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Mafatlal Industries Limited wins a ~₹114 Cr order for the Odisha robotic labs project; shares surge 7% following the announcement.

News by Aliceblue News Desk

18 Mar 2026

Mafatlal Industries Limited wins a ~₹114 Cr order for the Odisha robotic labs project; shares surge 7% following the announcement.

Introduction


Mafatlal Industries Limited has secured a ₹114 crore order from the Odisha government to set up 500 robotic labs across 16 districts over five years, boosting STEM education.

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Share price movement of Mafatlal Industries Limited

On March 18, 2026, Mafatlal Industries Limited opened at ₹119.80, up 3.93% from its previous close of ₹115.15. The stock reached a high of ₹132.95 (15.43%) and a low of ₹119.00. By 3:28 PM, it traded at ₹126.50, a 9.84% increase, with a market cap of ₹888.34 crore.

Mafatlal Secures Odisha Robotics Project

Mafatlal Industries Limited has secured a government order to set up 500 robotic labs across Odisha schools, subject to project approvals and implementation guidelines.

The company will execute the project through its internal teams and partners to establish state-of-the-art labs, deliver training, and ensure effective learning outcomes.

Additionally, the initiative enables Mafatlal Industries to expand its digital infrastructure and STEM education services, fostering experiential learning and technology-enabled education across the state.

Stock performance of Mafatlal Industries Limited  for period of 1 week, 6 months, and 1 year


Mafatlal Industries Ltd delivered a 1-week return of 0.24%, a 6-month return of -13.4%, and a 1-year return of 0.98%.

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Shareholding pattern of Mafatlal Industries Ltd

ParticularsDec 2025Sep 2025Jun 2025
Promoter69.30%69.50%69.50%
FII0.40%0.60%0.60%
DII0.30%0.30%0.30%
Public30.00%29.70%29.60%

About Mafatlal Industries Ltd

Mafatlal Industries Ltd. (NSE: MAFATLAL) is a 120-year-old Indian textile manufacturer and trader, with production units in Nadiad and Navsari, part of the Arvind Mafatlal Group.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change over time. The securities quoted are exemplary and are not recommended.

FAQs

Q: Why is Mafatlal Industries Ltd’s share price rising today?

A: Mafatlal Industries Ltd.’s share price is rising today after the company secured an INR 114 crore order for robotic labs in Odisha.

Q: What is Mafatlal Industries Ltd’s main business focus?

A: Mafatlal Industries Ltd focuses on textile manufacturing and trading, with production units located at Nadiad and Navsari in India.

Q:

What are the 52-week high and low of Mafatlal Industries Ltd. stock?

A: Mafatlal Industries Ltd.’s stock’s 52-week high is ₹204.90, and the 52-week low is ₹112.00, based on the latest market dat

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Aliceblue News Desk

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