Infrastructure company has participated in a tender floated by the Kuwait National Petroleum Company (KNPC)
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The stock is up by 55 per cent from its 52-week low of Rs 386 per share.
Tembo Global Industries Limited (NSE: TEMBO) has achieved a significant milestone by being technically qualified as the L1 bidder for a major revamp project with the Kuwait National Petroleum Company (KNPC). Located at the Sea Island facility, approximately five kilometres offshore from the main project site, the contract has an estimated value of Rs 300 crore. This achievement highlights Tembo’s deep expertise in engineering mechanics and project execution within the industrial sector, specifically for high-stakes oil and gas infrastructure.
The comprehensive scope of work for this project includes the installation of mooring hooks, capstan winches, and sewage treatment packages. Furthermore, Tembo will be responsible for a robust fire protection system involving fire water and jockey pump packages, foam and deluge systems, and full fire water system integration. The contract also encompasses the supply of motor-operated valves with actuators, public address and general alarm systems, and weather monitoring systems, showcasing the company's ability to handle complex, multi-disciplinary industrial installations.
About the Company
Incorporated in 2010, Tembo Global Industries is a prominent industrial entity specialising in the production and assembly of certified metal components for critical infrastructure, including pipe support systems, fasteners, anchors, and HVAC installations. The company's products are highly regarded, holding certifications from Underwriter's Laboratory Inc. (USA) and FM Approval (USA) for Fire Sprinkler System installations. Recognised as a 2 Star Export House, Tembo is significantly export-driven, but it has actively diversified its portfolio in recent years, venturing into EPC (engineering, procurement, and Construction) contracting in 2023, and further expanding into the manufacturing of Defence products and the Solar power sector in 2024.
On Friday, shares of Tembo Global Industries Ltd hit a 5 per cent Upper Circuit to Rs 600.25 per share from its previous closing of Rs 527.70 per share. The company has a market cap of over Rs 900 crore and as of September 30, 2025, the Order Book stands at Rs 1,335 crore with an L1 order bidding pipeline worth Rs 2,150 crore. The stock is up by 55 per cent from its 52-week low of Rs 386 per share.
Disclaimer: The article is for informational purposes only and not investment advice.