Somi Conveyor Beltings Secures Rs 30.67 Lakh Order from Essar Bulk Terminal
Somi Conveyor Beltings Limited has received a new domestic order worth Rs 30.67 lakh from Essar Bulk Terminal (Salaya) Limited. The order is for 400 meters of Open End Flat Conveyor Belt with specific dimensions. The company is required to deliver the product within 15 days from the purchase order date. This order is not a related party transaction, and neither the promoter, promoter group, nor any group companies have any interest in Essar Bulk Terminal (Salaya) Limited.

*this image is generated using AI for illustrative purposes only.
Somi Conveyor Beltings Limited has announced a new domestic order worth Rs 30.67 lakh from Essar Bulk Terminal (Salaya) Limited. This development marks a positive step for the company in expanding its order book and strengthening its position in the conveyor belt industry.
Order Details
The order specifics are as follows:
| Parameter | Details |
|---|---|
| Client | Essar Bulk Terminal (Salaya) Limited |
| Order Value | Rs 30.67 lakh |
| Product | Open End Flat Conveyor Belt |
| Dimensions | 1800mm width, 6mm top thickness, 3mm bottom thickness |
| Quantity | 400 meters |
| Unit Rate | Rs 6,499 |
| Delivery Timeline | 15 days from purchase order date |
Key Points
- The order is for supplying fabric conveyor belts, which are crucial components in material handling systems.
- Somi Conveyor Beltings is required to deliver the product within a tight timeline of 15 days from the date of the purchase order, demonstrating the company's confidence in its production and delivery capabilities.
- The company has confirmed that this transaction does not fall under related party transactions, ensuring transparency in its business dealings.
- Neither the promoter, promoter group, nor any group companies have any interest in Essar Bulk Terminal (Salaya) Limited, the entity awarding the order.
This new order showcases Somi Conveyor Beltings' ability to secure contracts from reputable clients in the industrial sector. The quick turnaround time required for this order may indicate the company's operational efficiency and its capacity to meet urgent client needs.
For investors and market observers, this development provides insight into Somi Conveyor Beltings' ongoing business activities and its position within the industrial equipment supply chain. The order's value contributes to the company's revenue stream and may be seen as an indicator of demand for its products.
As the conveyor belt industry plays a crucial role in various sectors including mining, power, steel, and cement, such orders can be indicative of broader industrial activity. However, it's important for stakeholders to consider this information as part of a larger picture when assessing the company's overall performance and market position.
Historical Stock Returns for Somi Conveyor Beltings
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.56% | +1.83% | +8.67% | -19.97% | -3.47% | +670.40% |



























