Omnitech Engineering has recently secured a significant order win worth approximately ₹920 crore

Engineering has recently secured a significant order win worth approximately ₹920 crore (excluding GST) from Weatherford Products GmbH, a global energy services company. This contract was awarded under a Master Purchase Agreement (MPA) and is structured as a long-term supply deal spanning five years. It involves the supply of precision-engineered components, with an estimated annual value of around USD 20.1 million (plus GST), translating to the total ₹920 crore over the agreement period. The company disclosed this development to stock exchanges on March 11, 2026, leading to positive market reaction: On March 12, 2026, shares of Omnitech Engineering surged notably, with gains reported between 6% and over 9% in intraday trading on various platforms (e.g., closing higher at around ₹209–₹217 levels in some reports, with peaks up to ₹224+). The order represents a substantial boost to the company's order book and provides strong revenue visibility, equivalent to about 35% of its market capitalization at the time (around ₹2,590 crore).