India, April 22 -- Shares of a recently listed BSE-SME manufacturer of FRP and SMC-based industrial products came into focus on Wednesday after the company disclosed receipt of two purchase orders totalling Rs. 35.26 crore. Both orders arrived on the same date and are to be supplied to Gujarat-based domestic entities, with no related-party interest from the promoter group in either client.

With a market capitalisation of Rs. 398 crore, the shares of Indo SMC Limited were trading at Rs. 209.05, up 5.29 percent from its previous close of Rs.198.55 per share.P/E of 25.7.

The first and larger order, valued at Rs. 24.24 crore, covers the supply of various dimensions and types of FRP cable trays and accessories including perforated trays, lad...