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Pritika Engineering stock jumps 7% after receiving ₹70 Cr order for next 5 years

News by Aliceblue News Desk

22 Aug 2025

Pritika Engineering stock jumps 7% after receiving ₹70 Cr order for next 5 years

Introduction

Leading tractor components manufacturer has secured a long-term order worth ₹70 crore from a major material handling equipment maker. The deal spans five years, involving supply of heavy components totaling 125 tons per month.

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Share price movement of Pritika Engineering

On August 22, 2025, Pritika Engineering Components Limited opened at ₹90.00, up 1.13% from its previous close of ₹88.95. The stock reached a high of ₹95.00 (6.76%) and a low of ₹88.95. By 9:55 AM, it traded at ₹93.75, a 5.40% increase, with a market cap of ₹247.17 crore.

Pritika Engineering Secures ₹70 Crore Long-Term Order

Pritika Engineering Components Limited has finalized an order worth approximately ₹70 crore from a leading material handling equipment manufacturer. The deal spans five years, ensuring long-term business visibility for the company. Annual order value is about ₹14 crore.

The order includes supplying around 125 tons per month of new large components weighing 500 kilograms each. These components will be produced using the LFC process through Pritika’s subsidiary, Meeta Castings Limited. Production will cater to heavy-duty material handling equipment.

Pritika Engineering stated this order highlights its capability in manufacturing robust and high-quality components. The company is a leading tractor components manufacturer in India and continues to strengthen its position in the automotive segment.

Stock performance of Pritika Engineering for Period of 1 week, 6 months, and 1 year

Pritika Engineering Components Limited delivered a 0.00% return over the past week, gained 0.45% in the past six months, and rose 36.6% over the past year.

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Also Read: Jupiter Wagons stock jumps 12% after bagging ₹215 Cr order for Vande Bharat Train wheelsets

Shareholding pattern of Pritika Engineering

ParticularsJun 2025Mar 2025Dec 2024
Promoter70.80%70.80%70.80%
FII1.80%1.80%1.80%
DII0.00%0.00%0.00%
Public27%27.40%27.40%

About Pritika Engineering

Pritika Engineering Components Limited (NSE: PRITIKA) is a subsidiary of Pritika Auto Industries with PAN India presence, supplying tractor components to major OEMs like Mahindra, Escorts Kubota, TAFE, Swaraj, and Ashok Leyland.

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

FAQs

Q: Why is Pritika Engineering Components Limited share price going up today?

A: The stock rose after the company secured a ₹70 crore, five-year order from a leading equipment manufacturer.

Q: What does Pritika Engineering Components Limited specialize in?

A: The company manufactures large, heavy-duty tractor components and supplies high-quality products to major OEMs across India.

Q: What is the market capitalization of Pritika Engineering Components Limited?

A: As of August 22, 2025, the company’s market capitalization stands at ₹247.17 crore.

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