3 Microcap stocks like JD Cables and others that received work orders today to look out for

Synopsis:- Indian markets traded marginally higher, while select companies drew attention after winning domestic orders worth over ₹24 crore combined. Contracts span power cables, metal castings, and rail surveys, offering multi-year revenue visibility despite mixed intraday price movements.

The Sensex at market open was up 80.44 points or 0.09 percent at 85,121.89, and the Nifty was up 26.40 points or 0.10 percent at 26,068.70. About 1187 shares advanced, 1295 shares declined, and 258 shares were unchanged. 

Hindalco, Asian Paints, Tech Mahindra, Tata Steel, and NTPC were among the major gainers on the Nifty, while losers were Reliance Industries, Bajaj Finserv, Axis Bank, Bajaj Finance, and Tata Consumer.

Here are the stocks in focus after receiving significant work orders from domestic clients:

JD Cables Ltd

JD Cables Ltd operates in the electrical cables and wires segment, catering mainly to infrastructure, power distribution, and real estate projects. The company focuses on cost-efficient manufacturing, regional market penetration, and steady order inflows from government and private sector electrification and construction activities.

With a market capitalization of Rs 453.28 crore, the shares were trading at Rs 202.00 per share, decreasing around 1.32 percent as compared to the previous closing price.

According to the company filing, JD Cables Ltd has secured an ₹8.81 crore domestic order from reputed EPC contractors for supplying cables in Bihar and Jharkhand. The contract involves manufacturing, testing, and delivering 831 km of AB XLPE, LT XLPE, and control cables.

Thaai Casting

Thaai Casting is engaged in metal casting and allied manufacturing, supplying components to industrial and engineering clients. The business benefits from steady demand in auto ancillaries and machinery segments, with growth driven by capacity utilization, niche product focus, and relationships with repeat customers.

With a market capitalization of Rs 242.20 crore, the shares were trading at Rs 99.50 per share, decreasing around 0.30 percent as compared to the previous closing price.

According to the company filing, Thaai Casting has secured a domestic order worth around ₹12.43 crore for supplying various automotive and non-automotive products. The contract will be executed over 36 months, providing steady revenue visibility.  

Monarch Surveyors and Engineering Consultants Ltd

Monarch Surveyors and Engineering Consultants Ltd provides surveying, geospatial, and engineering consultancy services for infrastructure projects. Its offerings span transportation, urban development, and utilities, supporting project planning and execution. The company benefits from India’s sustained push toward highways, railways, and smart city development.

With a market capitalization of Rs 305.77 crore, the shares were trading at Rs 216.00 per share, increasing around 2.86 percent as compared to the previous closing price.

The shares of the company have seen positive movement after bagging a significant work order from Bhavnagar Division – Engg / Western Rly worth Rs 3.29 crore for Pre and post-tamping track measurement survey using the Trimble Gedo Vorsys trolley system.

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