3 Microcap Stocks in Focus After Securing Multi-Sector Orders from ThyssenKrupp Group & Others

Synopsis: Three micro-cap stocks, Z-Tech, Simplex Castings, and Urban Enviro, gained attention after securing work orders worth Rs. 21.20 crore, boosting growth outlook and investor interest.

Three stocks came into focus on March 18, 2026, after companies announced new work orders. These orders, received from different clients across sectors, are expected to support business growth and future revenues. The combined value of the announced contracts is around Rs. 21.20 crore. Investors often track such updates closely, as new orders indicate improving demand and stronger business activity. Here are a few micro-cap stocks in focus after receiving Work Orders on March 18, 2026

Simplex Castings Limited

With a market capitalization of Rs. 380.93 crore, the shares of Simplex Castings Limited were currently trading at Rs. 490.00 per equity share, rising nearly 2.82 percent from its previous day’s close price of Rs. 476.55. 

Simplex Castings Ltd has received an international order worth Rs. 13.02 crore from the ThyssenKrupp Group, Germany. The order involves supplying coke oven doors, mechanical plungers, and related components. The project will be completed within 13 months. This order strengthens the company’s global presence and highlights its capabilities in delivering specialized engineering products.

Simplex Castings Limited was founded in 1970 and is an Indian manufacturing and engineering company that produces heavy castings, fabrications, and equipment for core industrial sectors. It is known for large, complex ferrous and alloy castings and turnkey engineering solutions serving domestic and global clients. 

Urban Enviro Waste Management Limited

With a market capitalization of Rs. 108.25 crore, the shares of Urban Enviro Waste Management Limited were currently trading at Rs. 125 per equity share, rising nearly 1.50 percent from its previous day’s close price of Rs. 123.15.

Urban Enviro Waste Management Limited has been awarded a one-year work order by Ankleshwar Nagarpalika, Gujarat, for supplying manpower to clean commercial areas, residential areas, city gardens, footpaths, and transport areas, along with hiring one tractor trolley for nine months. The total order value is Rs. 0.79 crore, and it has been received in the normal course of business.

Urban Enviro Waste Management Limited was incorporated in 2011 as Nagpur Waste Handling Private Limited and is an Indian waste management and environmental services company focused on municipal solid waste (MSW) collection, transportation, processing, and street sweeping services for urban local bodies. It operates mainly on long-term contracts with municipalities and other government agencies. 

Z-Tech (India) Limited

With a market capitalization of Rs. 740.99 crore, the shares of Z-Tech (India) Limited were currently trading at Rs. 512.50 per equity share, rising nearly 1.54 percent from its previous day’s close price of Rs. 504.75.

ZTech has received significant work orders from Balbhadra Developers Private Limited for highway embankment construction using the GRW system, and from Jagdish Saran for RCC-lined rectangular drains with utility ducts, totalling Rs. 7.39 crore. These projects strengthen the company’s civil construction portfolio, and their successful execution is expected to enhance revenue visibility and support sustained growth.

Z-Tech (India) Limited was founded in 1994 and is an Indian technology-driven engineering and environmental solutions company focused on geo-technical engineering, sustainable theme parks, and industrial wastewater management. It positions itself as a provider of innovative, environmentally conscious infrastructure solutions for urban development and industry.

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