India, Oct. 15 -- A Pune-based maker of special purpose machinery has picked up a fresh order from a listed steel company, and its order book has moved up as a result. The contract covers equipment to process and inspect steel bars, with a fixed delivery window and payments linked to bank guarantees. For a small company that only recently listed on the BSE SME platform in December 2025, the order says something about steel-sector demand, cash flow and what FY27 could look like.

The Nifty 50 traded at 22,997, up 1.65%, against the backdrop of a broader market rally, Admach Systems Limited is in focus after securing a purchase order worth Rs. 7.92 crore, including GST, from a listed Indian steel company for steel bar processing and non-de...