Mumbai, October 7 (Udaipur Kiran): Shares of Fabtech Technologies Cleanrooms (FTCL) surged over 8% after the company announced receiving a Letter of Intent (LoI) worth ₹68 crore from a leading solar PV module manufacturing company.
The stock is currently trading at ₹400.00, up ₹30.00 or 8.11% from its previous close of ₹370.00 on the BSE. It opened at ₹407.00 and touched an intraday high of ₹407.00 and a low of ₹396.45, with 46,400 shares traded so far. The company’s market capitalization stands at ₹492.77 crore.
Over the past 52 weeks, FTCL has hit a high of ₹470.00 (July 21, 2025) and a low of ₹161.50 (January 10, 2025). The promoters hold 68.41%, institutional investors 11.90%, and non-institutional investors 19.70%.
The ₹68 crore LoI covers the supply and installation of modular cleanroom partition systems, doors, and allied accessories (exclusive of taxes). This project marks one of the largest orders in the company’s history, underlining FTCL’s technical expertise, execution excellence, and competitive edge in large-scale cleanroom infrastructure.
The order also reflects Fabtech’s expansion beyond pharma and biotech into emerging sectors such as renewable energy and advanced manufacturing. It reinforces the company’s position as a preferred partner for industries seeking world-class infrastructure solutions with reliability and compliance.
Fabtech Technologies Cleanrooms specializes in manufacturing pre-engineered, pre-fabricated modular panels and doors used for building internal infrastructure in the pharmaceutical and allied industries.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.